* BullsPower at 9, BearsPower at 35. BearsPower keeps the upper hand.
* 403 stocks with upward MoM (green dashed line). Down a bit, stays just above 80%.
* The dW at 4411 is within reach. A move above it would be significant.
* Market stays in the narrow semi-envelope, but could turn more acutely bearish again on a move below 4340
* ELC is going up.
* Repellor line at 4405 is an upside target to watch.
* Both the red and green components are gathering some steam.
* Bands are not slowing down yet, much less bottom out. Keeping an eye on that.
* Daily MoM is back above zero. If the recent move was just a dead cat bounce then you would expect MoM to flatten and peak out near zero.
* Trendlines are not in play at the moment.