Terry Laundry's T Theory update regarding S&P 500 market strength

Terry Laundry posted his T Theory update today at his T Theory website; his chart is as below, and you'll want to listen to his audio comments at his site. I like to consider his work as a neat perspective on market strength. (I was pretty tired last night - posted this at my UBTNB3 blogspot (link at right) though meant to post it here.) If you want to know how strong the "green shoots" are, this is one good way to find out.