Mid-week market update: I noticed on the weekend that there was a lot of excitement over the possibility of a Zweig Breadth Thrust buy signal, probably because of the strong advance last week. The stock market consolidated this week, and while the ZBT window closes Friday, the degree of breadth strength to achieve a ZBT is becoming a mathematical impossibility.
The market remains at a crossroad between bullish and bearish outcomes, but the prognosis is becoming more promising for the bulls.
The full post can be found here.
