THE CLOSE

Good day considering. We always like, at least for the near term, when markets are down big and finish well creating bullish tails. But leave no doubt, recent action has done a decent amount of damage to many chart patterns. So probably get some upside testing but not sure how much. Stay tuned! It is getting tougher and tougher.

The one thing we like about weakness is that it is easier to isolate strength. Really focus on the new high list here as a few internet/tech names really standing out.