From the link:
But most importantly (see the chart below), short-term breath put in a low above a low in negative territory, a divergence with the SPY Tuesday which needed a follow through into positive territory to turn the all-important long-term breadth up. The follow through came today.
All three of my swing-trading signals, based on price, breadth and volatility, are on buys now.
So this market bounce has more to come and could morph into a full-fledged multi-week rally.
For more and the chart:
