Finally a rollover on high volume

	Market Monitor Market monitor is market breadth based market timing tool		Current Readings Market is in correction.
Type	Indicator	Value	Comments
Daily	# of stocks up >4% on high volume	58	1 stocks with 100 million plus dollar volume.(M$V) NVAX
Daily	# of stocks down>4% on high volume	635	Finally a 500 plus day. The dollar volume 100 million plus b/o had 77 stock today. Bulk of them are financial stocks. Leaders have started to breakdown. more positions if weakness develops. The first phase of fast selling in any weakness can be harmful to open position. We saw that today. Once that passes, one can get back in. Stocks which are resisting the corrections are worth keeping an eye on.
Primary	# of stocks up >25% in a quarter	1561
Primary	# of stocks down>25% in a quarter	396
Secondary	# of stocks up> 50% in a month	5	At this rate we will be bullish on this in days. Reading below
Secondary	# of stocks down>50% in a month	0	In ideal scenario you would want this to climb to 20 so that you can then expect a counter trend bounce.
Secondary	# of stocks up>25% in a month	56	Rapid deterioration in this. Highest readings was 875 in last 20 days.
Secondary	# of stocks down>25% in a month	62	.
Primary fast	# of stocks up>13% in 34 days	1509	This will be the first ratio to turn negative in correction.
Primary fast	# of stocks down>13% in 34 days	1047
MMA+	% of stocks in confirmed uptrend	58
MMA-	% of stocks in confirmed downtrend	16
10 day cumulative breadth ratio	#of stocks up> 4% in last 10 days/ #of stocks down>4% in last 10 days	1.34	A reading of below 0.5 on this will confirm bearish trend.