The iBCM™ is BULLISH. Today’s Sell Strength™ reading was 2.2x stronger than the Daily Buy Strength™ but on a weak reading indicating very little selling pressure. My Overbought / Oversold Oscillator™ is in OVERBOUGHT territory, and advanced from yesterday.

Today’s weak sell reading is interesting and encouraging to the bulls.  I think it’s possible we could test the upward trend line if we don’t find support tomorrow at the red line.  All in all, not much changed today regarding the bullish bias in the market lately.

Note: I am working on an iBC database that you can access!