Editor's Note

Wednesday may have been a top for the market. The S&P futures are down -10.50 as I type this. The new record highs at the open on Wednesday were erased by the close and the majority of the earnings after the close were a disappointment. I spent 3 hours looking at charts trying to find something to recommend for Thursday. The futures were only down -2 when I started. The longer I researched the farther the futures dropped. With the futures down -10 there is nothing I can recommend for tomorrow that would not get a terrible fill at the open. Maybe this is going to be the profit taking decline we have been looking for.


No New Bullish Plays


No New Bearish Plays