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Market Comments:
The market watch charts are not all in agreement on a daily basis. Note how the DIA and SPY took out their prior day low, while Q's and IWM did not even challenge their lows. In fact the Q's held their swing low from 5/17. Combine this with the fact the fact that 50-day MA's are all positively sloped and the price action has not been able to make a significant move below the MA. So I would not let an up move surprise me. However, 2 of the 4 indexes (SPY and DIA) have continued to make lower lows, so if all the market watch are in sync on the 5-min and below yesterday's low then I'd follow the markets lower.
~Long Focus~
UHS
CHKP
NVLS
~Other Long Charts of Interest~
AAPL
CHKP
GLD
MRX
NFLX
NVLS
PLCM
SINA
VMW
WTW
HLF
NTAP
UHS
VECO
WPI
CRS
BIDU
VRSN
AET
HUM
~Short Focus~
CAM
ACI
INTU
~Other Short Charts of Interest~
FST
CAM
INTU
UTHR
FAZ
XLE
CVX
RIG
ACI
