The Market Strength Index of major Indexes - December 28th update
The long-term view of some major Indexes Market Strength Index.
A close-up term view of some major Indexes Market Strength Index
From the above charts and the table, we can see that the MSI of all Indexes is moving up, while the SPY turned slightly down. This is a positive divergence and it's a bullish sign.
The Indexes with the highest MSI are: The MAJOR INDEXES, the INDUSTRY INDEXES and the DOW65.