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
Hansen Natural (HANS)
Dow 30 (NYSEARCA:DXD)
ProShares Short Dow 30 (NYSEARCA:DOG)
ProShares Short S&P 500 (NYSEARCA:SH)
SP 500 (NYSEARCA:SDS)
View the charts:
Major indexes BELOW 50 & 200dMA and strongest stocks close / meeting the CRITERIA.