Dip Buyers Running Into The End Zone Or More Down First

Still waiting for the Z targets to hit in either chart. Could be fireworks after that happens.

Another down tick on the weekly breadth. Breadth in the last 12 weeks was 50% up but the last 6 weeks it is only 33% up so trending down while market climbs overall. Not entirely long-term bullish.

If the down impulse is dominant it could simply mean that a pre-top decline might print prior to the actual top. This happens about 70% of the time.

1918 Pandemic Did Not Tank The Market!
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The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/30/20, 5/11/20)

..and possible bounces/bottoms: (2/28/20) , (3/23/20)

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