We've been chopping through some topping action in the indexes lately. Today we saw a bit of follow through to the downside.
Closer look at the day's breakdown.. large selling volume.
One could be long Chicos at this point breaking out from the iH&S.
Commodity Weakness is leaving behind this pattern.. a H&S.
Keep an eye on TLT for a possible breakout if the neckline can be broken.
Silver could be in BIG trouble here..
Keep an eye on the miners for a possible breakout or breakdown.. it's coming soon.
Mexico ETF looks horrible.. big short candidate.
Can Penske hang on?
SCO breakout has played out very nicely.
Santarus forming possible cup and handle.. keep an eye on this one.
Have a great night!
