Seems hard to believe, but it's true, the Q's and IWM are at a the 50% line from the highs to the lows at the 200-day MA. Aside from this being a good point to expect the market to take a break and consolidate, it is the end of the month and a holiday weekend ahead.
I'd expect the market to consolidate, with a bias to the upside. This means long side OR reversals on strong stocks that are not too extended would be my preference. On the short side, stocks that have not rallied with the market and start to rollover would be my preference.
~Long Focus~
CE
RHT
~Other Long Charts of Interest~
UNH
AET
BEAV
CRM
CERN
BIIB
AMZN
PLCM
ACOR
TSLA
DISH
NFLX
OVTI
TIF
GR
~Short Focus~
WBMD
MTL
CREE
~Other Short Charts Of Interest
GS
WSM
WAG
CHD
UHS
SNDK
CREE
IR
LRCX
FLS
MHS
FLR