Not sure what market internal you're looking at. Daily market breadth is turning up from oversold levels and, at this rate, needs at least two more days to get overbought.
Look at the A/D line on SPX daily:
http://schrts.co/vSwFDmiy
Posted Today, 11:39 AM
The recent wave of dip buying pushed the market up 150 SPX points in just 3 days, but the problem is the Internals not confirming. ST it's in an overbought state. Let's see if this is leading to the seasonal top ...................
Edited by redfoliage2, Today, 11:43 AM.
Edited by redfoliage2, 03 February 2021 - 02:23 PM.