Deteriorating Stocks are barely holding on. I think the bears have to wait for later this month before the significant declines are possible. click chart to enlarge Subscribe to see the rest of this post.
Reversal Bar More specifically, a range bust reversal bar, where the expected range is exceeded by 62% of that range and the close is below the open. click chart to enlarge The net-line at 2333.50 is not very important.
Meh Breadth was punk today, but I think the bulls hold sway short-term. click chart to enlarge Subscribe to see the rest of this post.
Monthly Update A look at the monthly charts in this evening's video discussion. click chart to enlarge Subscribe to see the rest of this post.