{+++}The technicals were horrible with advance-declines 2710 lower and 345 up, almost 7 to 1 negative, on New York and 5 to 1 negative on Nasdaq. Up/down volume was even worse, with 1.3 billion traded to the downside and only 93 million to the upside on New York, a 14 to 1 ratio. Nasdaq had more than 2 billion to the downside and 236 million to the upside, about 9 to 1 negative volume ratio.
I’m working on making the watclist box better so here are our only existing scenarios:
IYR- short at 30.50 stop 32
JLL-short at 30.48 stop 32
GILD- we are long at 46, stop 45.25-45.50
CMA- (This was not on the video) short at 19.63 stop 21