Notice the BB width on the Comp weekly? It's gonna push one of those bands. I think we're going to the top band, the question is does the resistance of the rising tops hold again and reverse the trend?
Ndx/Indu. After a period of consolidation the ratio is pushing the upper band and moving towards a new range. The significance of this ratio is that it measures investors appetite for risk.
Bigger picture shows Ndx/Indu at new recovery high.