Market Breadth Data******************************

Saturday, April 02, 2016

$SPY Trend and Sentiment

The SP500 managed to hold on to the up angle following a relatively rare double outside day (it happens on average 2-3 times a year) and is within 1% of major resistance:

Early in an uptrend such a pattern is quite bullish;
not so after a prolonged uptrend.
The same goes for DIA and the Qs.

Weekly sentiment remains overbought:

The best of our indicators are included in CIT Toolbox for TradingView and in CIT Collection for NinjaTrader.

Trading Books