The weekly chart shows that yields did break out of their flag formation but ended the week on the lows. The weekly A/D line moved above its flat WMA at the end of March. The A/D line moved back above its WMA on Friday but the other A/D lines have not yet completed their trading ranges. The weekly S&P 500 A/D line improved slightly last week and is still above its flat WMA. The Russell 2000 A/D line is above its WMA and is closer to its support, line b, than it is to resistance (line c).

Source: Forbes April 28, 2018 18:33 UTC