Market Internals in the US remain very strong. Both the Ratio of stocks trading above their 200 day moving average and the NYSE Advance Decline Line reached multi-week highs yesterday. Generally bearish phases in the major market indices (like the Dow and S&P 500) are preceded by a break down in market internals. So as far as studies of market internals are concerned there is no evidence of an impending change in the bullish trend of US stock markets.
