It remains a tricky period for the stock market. Overall, the market summary table comes in at -2, which is slightly bearish. There are, however, a few indicators that could go either way. The McClellan Oscillators both surged above +50 in mid February, but only for a day and I elected to keep this indicator bearish. Trend & Structure are deemed neutral because some indices broke their late November lows (SPY,DIA) and some held (IWM,QQQQ). Market (SPY) momentum is still deemed bearish, but the three momentum oscillators have recovered nicely with the February bounce. These three are at their make-or-break levels. In fact, I would say that the stock market bounce is at its make-or-break level. Further strength would suggest a bullish renewal. A decline from current levels would reinforce the bearish argument. Indicator details can be found after the jump.