The Dow has definitely broken out,
while the S&P 500 has broken its short-term downtrend,
and the Nasdaq is trying to break its downtrend.
The number of oversold stocks didn't outnumber the overbought stocks for long.
There are plenty more stocks that have been up 5 days in a row than have been down 5 days in a row.
And finally, the most extended S&P 500 stocks from their 50-day moving averages.
The Nasdaq chart may be the one worth paying the most attention to tomorrow morning to see if it can break its downtrend.
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