TLT took a dive last week on strong home sales which saved the Confidence indicator from falling more.
I found the A/D Volume chart below to be a bit worrisome, but until some of those uptrend lines get broken, I say:
But McClellan says:
we also like to see the volume data confirming what we see in the A-D numbers. In late 2014, it was somewhat concerning to see the daily UV-DV Line not confirming the new highs in the A-D Line. But that conflict has now been resolved, as both have pushed ahead to higher highs.Volume Data Have Eased One Concern