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Stocks Under Pressure Again, 100% CASH

08/11      8:30am


 

 

On Wednesday, major indexes produced wide intra-day swings on above average volume. Stocks ended the session with deep losses and further embedding the negative sentiment.

The vast majority of stocks are BELOW the 200dMA. The climate is BEARISH.

This morning, futures are pointing to a LOWER opening



Selective Chartists Positions
(with BUY price):  NONE   100% CASH 

 

Closely Monitoring:

Lululemon (NASDAQ:LULU)

Apple (NASDAQ:AAPL)

Green Mountain Coffee (NASDAQ:GMCR)

Mastercard (NYSE:MA)

Sina (NASDAQ:SINA)

CF Ind (NYSE:CF)

Perrigo (NASDAQ:PRGO)

Herbalife (NYSE:HLF)

Crocs (NASDAQ:CROX)

Hansen Natural (HANS)

IterDigiatal (NASDAQ:IDCC)

Baidu (NASDAQ:BIDU)



ETFs:  None

Inverse Funds:      

Dow 30 (NYSEARCA:DXD)      

ProShares Short Dow 30 (NYSEARCA:DOG)       

ProShares Short S&P 500 (NYSEARCA:SH)       

QQQ (NYSEARCA:QID)       

SP 500 (NYSEARCA:SDS)

 

View the charts:

Major indexes BELOW 50 & 200dMA and strongest stocks close / meeting the CRITERIA.  

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855