7 :30 AM ET So, I think some bad shit be coming.
The market “should” be in launch mode right now. This doesn’t look like a launch to me.
Zooming in on 30 minute basis, they’ve hit support and a 2-3 day cycle projection of 3944.
Here’s the raw data from my daily stock screens. These are not recommendations. Run your own charts on these and feel free to post here with comments.
| Symbol | Buy | Sell | 500 | 200 | 125 | 50 |
| BUD | 1 | 0 | 0 | 0 | 0 | 1 |
| AZN.O | 1 | 0 | 0 | 0 | 0 | 1 |
| CHD | 1 | 0 | 0 | 0 | 1 | 0 |
| CTXS.O | 1 | 0 | 0 | 0 | 0 | 1 |
| CLX | 1 | 0 | 0 | 0 | 0 | 1 |
| ESI | 1 | 0 | 0 | 0 | 0 | 1 |
| ESNT.K | 1 | 0 | 0 | 0 | 0 | 1 |
| ES | 1 | 0 | 1 | 0 | 0 | 0 |
| GIS | 1 | 0 | 0 | 1 | 1 | 0 |
| GILD.O | 1 | 0 | 0 | 0 | 0 | 1 |
| GFI | 1 | 0 | 0 | 0 | 0 | 1 |
| HSIC.O | 1 | 0 | 0 | 0 | 0 | 1 |
| HRL | 1 | 0 | 0 | 0 | 1 | 1 |
| HMHC.O | 1 | 0 | 0 | 0 | 0 | 1 |
| HGEN.O | 1 | 0 | 0 | 1 | 1 | 1 |
| KTOS.O | 1 | 0 | 0 | 0 | 1 | 0 |
| SSNC.O | 1 | 0 | 0 | 0 | 0 | 1 |
| XLU | 1 | 0 | 0 | 0 | 1 | 0 |
| DIS | 1 | 0 | 0 | 0 | 0 | 1 |
| WEC | 1 | 0 | 1 | 0 | 1 | 0 |
| A | 0 | 1 | 0 | 0 | 0 | 1 |
| APD | 0 | 1 | 0 | 1 | 0 | 0 |
| AKAM.O | 0 | 1 | 0 | 0 | 0 | 1 |
| ARKF.K | 0 | 1 | 0 | 0 | 1 | 0 |
| BSBR.K | 0 | 1 | 0 | 0 | 0 | 1 |
| CARG.O | 0 | 1 | 0 | 1 | 0 | 0 |
| CLNE.O | 0 | 1 | 0 | 0 | 0 | 1 |
| SBS | 0 | 1 | 0 | 0 | 0 | 1 |
| CS | 0 | 1 | 0 | 1 | 1 | 0 |
| LABU.K | 0 | 1 | 0 | 1 | 0 | 0 |
| KODK.K | 0 | 1 | 0 | 1 | 0 | 0 |
| EDIT.O | 0 | 1 | 0 | 1 | 0 | 0 |
| EAF | 0 | 1 | 0 | 0 | 0 | 1 |
| HALO.O | 0 | 1 | 0 | 0 | 1 | 0 |
| BKLN.K | 0 | 1 | 0 | 0 | 1 | 0 |
| IXUS.O | 0 | 1 | 0 | 0 | 0 | 1 |
| ACWI.O | 0 | 1 | 0 | 0 | 0 | 1 |
| IWR | 0 | 1 | 0 | 0 | 0 | 1 |
| SLV | 0 | 1 | 0 | 1 | 0 | 0 |
| TIP | 0 | 1 | 0 | 1 | 0 | 0 |
| KOPN.O | 0 | 1 | 0 | 0 | 0 | 1 |
| LRCX.O | 0 | 1 | 0 | 0 | 0 | 1 |
| LAC | 0 | 1 | 0 | 0 | 1 | 0 |
| NTES.O | 0 | 1 | 0 | 0 | 1 | 0 |
| PKI | 0 | 1 | 0 | 1 | 0 | 0 |
| QRVO.O | 0 | 1 | 0 | 0 | 0 | 1 |
| SCHP.K | 0 | 1 | 0 | 1 | 0 | 0 |
| SBSW.K | 0 | 1 | 0 | 0 | 0 | 1 |
| SURF.O | 0 | 1 | 0 | 1 | 0 | 0 |
| TAL | 0 | 1 | 1 | 0 | 0 | 0 |
| Z.O | 0 | 1 | 0 | 0 | 1 | 0 |
| Totals | 20 | 31 |
The tally on these technical stock screens of 9000 issues on the NYSE and Nadsacs was 20 swing trade buy signals and 31 sells. That compares with yesterday’s, possibly anomalous and massive 155 buy signals and 8 sells.
I initially screen for stocks that have been trading more than 1 million shares per day and are trading above $6. There are normally between 30 and 100 results, depending on where we are in the cycle. There are more signals at cyclical turning points and fewer as a move progresses. Yesterday looked like a significant turning point.
I use these screens to pick stocks for my ready list for my personal trading, and also for my weekly swing trade chart picks for Technical Trader subscribers.
I developed the algorithm to hunt for stocks that looked primed to have a good move, ideally over a period of 4 weeks. In practice they range from 1 week to 7 weeks. I consider the move finished when they break trend support, using the indicators from which the screen program is constructed.
From the screen output I visually review the charts. I make my picks from that review.
There are usually between 2 and 8 good looking setups every day. The numbers are bigger around intermediate term turning points.
Xample chart.
Not a reco. Just a xample. 
Click to engorge
