Market Monitor Highlights
Mildly positive breadth day.
Primary indicator is bearish.
The big 1069 day has not been followed by selling day of 300 plus.
Lack of urgency in selling indicates probability of a bounce in a day or two.
Overall range bound market.
Stocks with recent good earnings were bouncing back.
We might get split market with some stocks with good growth going up while some sectors go down.