[isatrader]

It was a big week for the Nasdaq breadth with multiple status changes to Bull Confirmed in the Bullish Percent Index and the Moving Average Breadth Charts as well. And also the cumulative new highs - new lows chart crossed over it's 50 MA line as well, which it's been under since July 2015. So, lots of positives for the weight of evidence as the Nasdaq breadth starts to catch up with the NYSE which has been positive for a while now.

The Nasdaq Bullish Percent Index

Note: Change to Bull Confirmed status on the 15th with a double top breakout.

       

Nasdaq Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages P&F charts

Note: The long and medium tern charts both broke above the previous swing highs and are now all in Bull Confirmed status, with the 150 day MA chart back above the 50% level.

           

Nasdaq Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages line charts

           

Nasdaq Advance Decline Line

       

Nasdaq New Highs New Lows

Note: The cumulative NHNL line crossed over it's 50 MA line for the first time since the July 2015 crossover below it.