The uptrend is still intact, though it is a weak uptrend. The reason we say the uptrend is still intact is because the prices did not cut the prior low. Read July 11, 2012 blog to get an explanation of what is a weak uptrend.
Even though the market went up by 1.7% on July 13th, we did not get good readings for "5 day" and "10 day" ratios. Also the “4% up” column did not get a value above 500. This indicates that growth momentum stocks are not participating and the uptrend is weak.
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