[isatrader]

Attached is the updated S&P 500 Cumulative P&F Breakouts - Breakdowns charts, which had a very strong week and broke out to new highs on the cumulative chart. The straight Breakouts - Breakdowns chart shows that it was the strongest week of the year and a similar level to the early January breakouts total.

The totals for the week were 109 breakouts and 2 breakdowns, which takes the total tally for the month of July to 140 breakouts and 9 breakdowns so far.

I've also included and extra chart which shows the straight P&F Breakouts minus Breakdowns 20 day moving average on it's own to make it clearer, as it's hard to see on the normal chart. This week it broke back above the zero line an hence moved back onto the bullish side of the fence.