AT40 = 25.4% of stocks are trading above their respective 40-day moving averages (DMAs)
AT200 = 43.9% of stocks are trading above their respective 200DMAs
VIX = 19.9%
Short-term Trading Call: neutral (caveats below!)
Commentary
While January's price change was historically very strong, February's pullback following a strong January is quite normal on a longer-term basis.