Updated custom breadth charts that I do based on the daily point and figure double top breakouts and double bottom breakdowns. +296 net breakouts - breakdowns for the week

Attached is the latest US New Highs - New Lows Charts. Note the large move in the NYSE New Highs at the end of the week which was the largest daily amount since 2010.

Updated NYSE and Nasdaq Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.

Another week, and more new highs. The major stock indexes. i.e. the S&P 500 and Nasdaq 100 continue to soar to new highs, closing the week strongly. But they are now moving out of their normal weekly range, as some have moved outside of the 3 times their average weekly range Keltner channel - which is quite rare, as around 95% of time or so the price action will trade within that range.

For the watchlist from Thursdays scans - AAXN, APPN, FBIO, FUTU, GH, IRDM, KRTX, MRNA, MRVL, OESX, RUHN

For the watchlist from Wednesdays scans - AOSL, BF/B, ES, GRWG, ICE, JCOM, LEN, LSXMA, NIO, PHM, PLG, TGNA, WLH

For the US Breakout Stocks Watchlist from Tuesdays scans - AKTS, ALTR, BEST, CAMT, CGC, CRON, DDD, EDIT, FRTA, MYOK, PATK, PGNY, PRGO, TOL

For the US watchlist from Mondays scans - BRKR, CCC, CGNX, COHR, EHC, HACK, HLNE, LSCC, MOMO, NOVT, RADA, RCM, SHLX, SPCE, STAA

Brief video screencasts of the US and Canadian Stocks Watchlist from the weekend scans

Each week I look beneath the surface of the US stock market, and go through the key market breadth charts, such as the NYSE Bullish Percent Index, the Advance Decline Line, the New Highs - New Lows etc and some custom breadth indicators of my own in order to determine what the Weight of Evidence is suggesting in terms of the US stock market direction.