1. A/D line is at +977, looking good now. +1
2. NYSI is positive at 324. Heading up after a possible bottom around -760. +1
3. NYHL (EMA10) has just turned positive and is at 32, after being negative for about 4 months (+1). No divergence (0). Net +1.
4. NYA200R (EMA20) is at 24 (still below 50), but heading up. -1.
5. CPC (50MA) is at 1.06 but edging down. -1
5. CPC (50MA) is at 1.06 but edging down. -1
Score: +2
$SPX closed at 1999.99 after a possible bottom at 1812 three weeks ago. Has crossed above the 50-day MA. It's also getting close, but still below, the 40-week MA (2017).
Overall trend seems to be changing, however after a 3-week +10% rally, some pullback may be expected.
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