INDEX:MMFI   Percent of Stocks Above 50-Day Average
I usually use this chart to see the health of the stock market. The MMFI is a good indicator to see if an uptrend is backed by the mayority of the stocks that play the market and not only the big caps leaders. This little divergence between the price action and its RSI shows that this indicator may go higher. Although, is a short term time frame so I'm still very cautious about getting in again.

Another good chart that I looking is the quotient SPY/UST, and recently it made a breakout to new highs. So, here are to bullish signals for the overall market. Still, the volatility is to high so, be very picky with the stock you buy or short.

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