the financial storm may not have cleared globally, but the spx index has recycled from a 6-0 buy daily count into a 1-0 sell. whether this is the real deal has to start with a friday close later today of above 1325.19. yes! that's -1.99% below thursday'c close of 1352.07, but that's what required to continue the sequential count for sell cycle. naturally, this is because the fall has been so sharp, making these bizarre counts possible.
it does get harder as the count grows. for monday, spx needs to close above 1310.50 for 3-0 sell and above 1338.60 tuesday for 4-0 sell.
below are new top 50 with stats and counts. aapl drops off number 1 list due to weak earnings forecast for next quarter.
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