All shorter moving averages (red lines) are rising above the longer term averages (blue lines) with the closing daily prices (dotted line) leading them all higher. This is a RWB (red/white/blue) up-trend and is the case for all major indexes. This is a wonderful time to be long stocks. We should see a great earnings season.

HYG and XRT both broke 50 EMA for the first time since the April start of the bull market. Warning sign.