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S&P500 v Russell 3000

We may be experiencing a short term bounce [1] with a number of indicators, on very short timescales pointing up [3, 6, 7, 9, 11, 12 & 13 ] but this is a very short term thing against a longer downtrend.  The 150 day SMA of the S&P500 [1] is now sloping down, if the lower highs and lows had not already given you a hint. The Weinstein Momentum [2] and !% A/D [3] are still both below their zero lines and the Silver and Gold Cross Indicies [14 & 15] are still headed downwards despite a short term strengthening in the % stocks above their 20, 50 and 200 day EMAs [11, 12 & 13].

I've added back in my very short, short, medium and long term scores, the last two rows on the chart, currently unlabelled.  Even if their precise construction is my own I think they give a good overview of what the scores are, better than just looking at individual indicators.

Basically, there is some short term strengthening, but things remain weak.