7/27/2015

Bullish and bearish anticipation setups July 27 2015

Bullish Anticipation Setups

 AYI SUPN POZN EPAM ENR HIVE ZGNX ANY IPCI GDOT RPTP MOMO HQY DBVT ONTY GUID AHS OXM CVC NLS AAOI GIII BLD DEPO SRPT SRNE NFLX

Bearish anticipation Setups
Symbols from TC2000 ILMN PCRX IOC BEAV ZUMZ SUN SHLD WPC TRCO EMES SAM AFL FSLR SSTK PSG DDD CLH LGCY VNR ATEN CVLT BDBD SONS BOOM TPUB MSFT RCAP GRUB TCP RICE COUP LC SMG NTAP WDC DLPH

7/23/2015

Market Monitor Showing glaring weakness

The breadth trends in the market do not look too good currently. There has been marked deterioration in breadth while market is making new high.

As you can see below  things are deteriorating  everyday instead of improving as rally progressed.


Very small number of stocks are leading the advance and at the same time more stocks are going down than up.

Almost all rallies have breath improvement as move progresses, we see exact opposite of that. You want to see broad based rally and dramatic improvement in breadth for sustainable move.

Biotechnology stocks have been good performer along with some large cap tech stocks , but the small caps are way weak for sustainable move up.

I am cautiously optimistic and watching thngs carefully to reduce risk in case things turn south.

My Daily Process Flow





Process I use to find my trades. The scans I use and tools I use.