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Stocks Set To Slide Lower, 2 Positions

|Includes: Cerner Corporation (CERN)
Stocks Set To Slide Lower, 2 Positions

09/223     8:30am 

 

Selective Chartists Positions (with BUY price):

Cerner (NASDAQ:CERN) $68.15
Cerner (CERN) $70.39

 

Closely Monitoring:


Watson Pharm. (WPI)

Starbucks (NASDAQ:SBUX)

Ebay (NASDAQ:EBAY)

Hansen (HANS)

Whole Foods (WFM)


Perrigo (NASDAQ:PRGO)



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:

Strongest stocks close / meeting the CRITERIA. 

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


 


On Thursday, weak economic data from China and Europe, along with continued selling from the Fed's down beat outlook hammered stocks. Volume spiked. The majority of stocks are in a defined down-trend and appear to be heading lower. Technical indicators are decisively negative.

Major indexes remain below 50 & 200dMA signaling HIGH RISK climate.


This morning, futures are displaying a LOWER opening.