Wilshire5000 composite index (Daily) Ichimoku - 9th Nov 2014

The index is still getting new maxima and continues with its impressive reaction after the 16th October deeps. If you check McClellan oscillator you can find extreme positive lectures and ADn is clearly still over +80 (we need here new maxima to confirm the uptrend impulse 1). Ichimoku plot confirms the uptrend but we should take care about: (1) the negative slope of ADX, although it keeps values close to 20; (2) Kijun is below the cloud; and (3) a bear kumo twist is undergoing.

Check Real Time WSH5000 here