Possible Scenario: No Strong Predictions looks like it could be the down spot of a 5 wave with a potential ABC back up? This would at least form a top H&S over the next few days. Although with massive breakdowns everywhere it could just crash.
BAMM! What a prediction yesterday... 1050 nearly exactly followed by a break down, of course there was that end of day rally but that was beyond my crystal ball.
My expectations for the SP-500 are based upon the current down channel.
My Scan for Stocks are almost all showing breakdowns with a limited set of weak breakouts. few of my bounce scans are registering any picks.
Breakouts: $AHC, $EPIC, $GY
Breakdowns: WOW 178 Picks I'm not listing them all but expecting massive breakdown on any gap down.
Dip Picks: $JADE, $SCIL (Look for Gap up Tomorrow)
Rip Picks: N/A
Top Pick: Short the Banks or Stay in Cash.
Top Missing Piece: Capitulation.... When will it come???
Good Luck,
Tyler
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