Hard to imagine this rally continuing with such poor breadth. Would like to see some climax selling with +2000 ADD, but looks increasingly unlikely.
Bulls keep stalling at DOW 13000. Would like to see a better retracement before breaking out. The ADD has been weak throughout this rise, and today was actually negative on the close.
DOW 13000 still the critical level.
Dow 13000 is getting interesting. Can the bull go upside down here and turn resistance into support?
Stock look like they will over come the gas prices for now. Still think that should be good for at least one decent retracement.
Dow 13000 looks like the target before a better retrace.
New highs being made, but ADD has not looked good this entire rally.
Bulls get creamed but ADD not that bad. Maybe significant swing low here.
First gap fill down. Need to reverse outlook to fill the next one down at 1322.75.
Bulls having problems over 1350. May need to fill some of the recent gaps, at least 1340.25. Further gaps at 1322.75 and 1307.75.