the trend strength line is declining because there is a changing of the guards. We are looking at - dmi{24.03} switching to +dmi{27.59} that is a significant change. Also the negative nad positive DMI have just crossed with the + dmi above the -DMI that is really bullish. Also remember that adx is a LAGGING indicator so it will reflect the increase in + dmi after the fact-anything over a 25 on dmi {35 is better}is considered a strong trend and being that the adx is still showing 31.53 on the daily I would say we are facing a POP!

Trend is becoming stronger and becoming our friend, it is reaching out to the full throttle move. CCI is reaching 166 and is indicting a strong move. cci began it's move two days ago when we had the long tail on the candle when we bottomed at .50. That was when the cci crossed over to a buy signal and so on. The doji the next day also confirmed a change was taking place{yesterday} Today is a strong run. IF we can stay above the 20 MA I think we could hit >.75 today and if new news comes out that has any kind of a punch we could start a new stage 2 rally. This could be a break out begining but time will tell. Too soon to confirm. Also of signifigant note is the weekly chart It is performing a low pivot for the week. And the cci hasd crossed over the buy signal on weekly chart.a buy huge signal has come out of the wood work there.

Monthly chart is showing that the retail shake out is complete. Though no rally signals fro it yet except we have a nice long tail forming on the candle fror the month. That is the shake out signal

Other note is we have based really nicely from December in a stage one and that is giving even mnore credence to a rally coming forth. Good base, all indicators are screaming and good news. Now if market would just hang tight for a while and index rally some with more news we could be happy campers soon...coswil