The oscillator has reached the top. From this point it normally turns down if the uptrend in the market is not very strong. If the uptrend is strong then the oscillator stays close to the top.
We need to see tomorrow if the oscillator turns down. If that happens and the prices do not go above the prior high, then the uptrend comes under question.
The momentum growth stocks are still not participating in this uptrend. What is working is the dividend paying stocks.
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