After forming complex top. The selling start from early September and primary breath confirm bearish in middle September. As QE3 ended and we saw back to back 300+ selling, it has very high probability to be a serious correction.
For short term, as continuous selling happened, breath is moving fast to or close to extreme bearish on both primary and secondary indicator. SP500 correct only 6-7% while Russell 2000 down 10%+. Today a weak bounce and pull back in the afternoon, more bounce possible but unlikely to bottom here.
[Anticipation List]
TREE FXCM ULTA MIK AVNR
B/o from yesterday Anticipation List
AERI LEAF
[Good Swing Setup in past 5 days]
(1) JBSS, very good setup
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