[isatrader]

There was negative crossover of the 10 and 30 day cumulative moving averages yesterday which is a negative medium term signal by this measure, and the MACD momentum line also crossed below it's zero line which is another negative signal, so we are starting to see some breakdown in the Advance Decline Breadth measures which are now mostly on a sell signal. You'll also note some large divergences appearing compared to the price action in the momentum index and the detrended cumulative advance decline line, which put in much lower highs on the recent rally in the market. Attached is the updated chart.