
The Dow did register an accumulation day and is very close to a MACD trigger 'buy'

The best news came from Small Caps with solid highs on a fresh MACD trigger 'buy'; but in addition, relative strength swung in favour of small caps over tech and large cap stocks - the most bullish alignment for the markets.

Bulls have steered this rally back on course with some respectable volume. Bears must be fuming given there is still plenty of momentum (and support) to push this higher.
Rally intact.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, stock charts, watchlist, multi-currency portfolio manager and strategy builder website. Forex data available too.