I will do just one post tonight with all the indicators.  Read the Mid-day post since there really was no change from mid-day to the end of day.  I am only reposting to have an archive of the indicators.

My summary is that some-type of sideways correction is still in place.  We did get the run up to 1105 that I expected, it is just that I foresaw a correction down to the 1050 area which has not happened.  

The Zweig still needs a couple of days to correct and my bias is on the downside for the next couple of days.

That being said we are in a crazy 3 days here with most likely very like volume tomorrow and that insane half day on Friday.  Plenty of opportunity for market shenanigans.

 

This is our one Bullish more neutral as it hangs so far for a second day above its 20 DMA.  Any sell-off PM today should drive it back into sell signal territory.. Any strength and we will be safe here on this signal.

Our 10 DAY hi-low on both the SP500 and Rut 2000 remain in sell mode.

Even with a relatively weak ad line the Zweig sit pretty strong at just shy the 50% number.  The next 3 days the math works out that weaker A/D lines will have a larger negative impact.. We are watching this for an un-expected turn up.  If you are in the room and you see the A/D race indicators go + 2:1 today then you will know that market is moving counter to my expectations. We should weaken.