For big picture, market rally for a long time and get extreme bullish on early March this year. Since then RUT stuck in the range while other index makes marginal new high. Divergence happens on small caps and big caps. Looks we are in a top forming. A 20% kind of correction will likely to happen some time in future and welcome. If that happen I can re-invest in 401K.
For short term, we saw a V shape recovery with low breath. It keeps moving is past 2 weeks. Did not expect it can goes this far. But that what it is. Yesterday, there is a lot of b/o and Secondary indicator goes to 19. Today's action is not good. B/o fails immediate although daily breath does not go very low.
[Anticipation List]
MFRM PBYI AMED CMG DHX BLT TREX SCTY PCYC SLXP LPNT TSRA LPSN CXW MAS WY EMC INTC
[Good setups in last 5 days]
Not so many good setups
(1) INVE
(2) VRNS
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