Update 1:13pm EST: Breadth is heading more negative intraday.
Update 11:28am EST: Could be pausing at resistance price zone ES 3817.75- breadth is unimpressive intra-day.
The daily breadth MACD is in negative territory and has been slowly climbing since 12/23/20 so it could breach the zero datum and move back into positive territory. Sometimes this is a precursor to a short term pullback when the market hits a target price level. It isn't, however, usually more than that. VXX is still range bound and has not accelerated much in any direction since it hit it's low on 12/9/20. 'Limbo mode' would be a good descriptor for now regarding real volatility which could precursor a pending small top (possibly a daily wave 'iv-d' pullback later after 'iii-c' confirms?).
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The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/9/20)
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