.. 0.  Just like the 10 Day High - Low chart in the previous post, the 52 Week New Highs set higher bars than yesterday, but not strong enough to move the 5 day moving average back to the upward direction.  The net score is therefore a 0.  When added to the previous scores of 0 and +2 our overall score tonight is +2.  Last night we were at -6, so that is a bullish improvement with momentum heading up.

There is much that can fail in here as the weakness in the RUT in particular today was disappointing as far as follow through strength.

 

Despite the strength in the price action today there were some breadth issues to worry about.  The poorer performance of the RUT and NAQ left our  40 DMA % Index indicators weaker on those two indices but the NYSE's price action keep the group still this side of the bull bear line.

Nothing to say here that hasn't been said over the last 28 days.. Hey isn't that a movie 28 Days?