More worringly, none of the markets turned oversold and breadth indicators remain frothy, especially the Summation Indices.



NYSE has a stochastic reading smack bang in neutral territory; there could be a lot more selling to come:


Bulls might have found one of Oasis of hope - the Transports; an important leading index from a bottom

I now return to my vacation...
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website