
Small caps are underperforming within their channel but the angle of ascent is sharper given it's anchored by the March low. Watch for upcoming MACD trigger 'sell' signal

Breadth was muted; overbought but no technical technical change (i.e. net long)

Bears are unlikely to push their luck until seasonally weak September comes round.
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.