.. it just languishes here.. there is no movement or break toward the upside or the downside.  I did do some looking last night and found out that the indicator often spends a large amount of time in this neutral area. It  appears that there is a higher probability of moving into oversold when breaking out than overbought.  So there is a downward bias to this languishing. 

.. is bearish, along with the 10 Day High - Low chart which put in the same -6 score.  Our 40 DMA % Index remains strong in here though with a +6 score adding together we get a -6 which keeps us in a bearish mood.

Our holdout 52 Week RUT high confirmed today what the other indices were telling us, there was no interest in bidding shares up to new highs.  We would expect 3 to 5 more days of weakness in here based on this indicator.

Despite today's bullish action into the close the New 10 Day High-Low shows waning momentum from the markets.  The RUT remains the strongest in here. Nothing short of a gap-up and run will be able to keep the momentum from continuing to move down over the next 3 days.  All three momentum indicators are down today as are the day to day bars so today we score a -6 on this panel, which is bearish.

Our 40 DMA % Index chart has all three indicators still running is a bullish direction with their DMA's acting with and upward bias along with the indicators.  The weakest indicator is the NYSE which did however, manage to put in a positive day so all three indicators moved more positive today and are above their 20 DMA's. That puts the score on this indicators to +6 which is bullish.   But you will see two more charts tonight that are scoring -6 which is bearish so the downside is still better bet.