Market Internals 2011-09-25

Since last update, S&P has experienced its most volatile month ever. However the custom market breadth indices never improved and keep getting worse.

As of last Thursday the target zone 1120 was finally tagged (as stated in the comments on last update).

The breadth models have finally turned oversold and a strong bounce is expected but there is no signal or confirmed setup yet.

Will keep you all updated when I get the confirmed signals.

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