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- The cumulative tick continues to show a positive slope on it's moving averages, so on a multiple-day timeframe, we are still in an accumulating market.
- The cumulative tick started a major, sustained intra-day buying reversal at exactly 11:30 a/ET and it continued largely unabated throughout the day.
- The major indexes all started their intraday reversal at 3:30
- Short-term risk is high
- The acceleration presentation on the left side of the table shows that as of Monday's close, more stocks were experiencing a drop downward in price than where moving upward.
- We need to see the right side of the table turn green, and only then will the left side turn green. We will not have this information until at least the close of business Tuesday, at the earliest.
- No new buying.
- A number of stocks triggered a sell signal to get out:
|AVGO||Avago Tech||Electronic||New Cash|
|BABY||Natus Med Inc||Healthcare||New Cash|
|BAK||Braskem SA||Chemical||New Cash|
|CATM||Cardtronics Inc||Business Svc||New Cash|
|CORT||Corcept Thera||Drug||New Cash|
|CTRN||Citi Trends||Retail||New Cash|
|DHI||D R Horton Inc||Building||New Cash|
|GOOGL||Google Class A||Internet||New Cash|
|LXFT||Luxoft Holding||Software||New Cash|
|MO||Altria Group||Personal||New Cash|
|PRAH||PRA HealthSci||Business Svc||New Cash|
|RMTI||Rockwell Med||Healthcare||New Cash|
|SCHW||Schwab Chas||Financial||New Cash|
|TFSL||TFS Financial||Financial||New Cash|
|THRM||Gentherm||Auto & Truck||New Cash|
|TW||Towers Watson||Business Svc||New Cash|
|VA||Virgin America||Transportation||New Cash|
|WOOF||V C A Antech||Healthcare||New Cash|