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A big negative distribution day today, with stocks pushing higher early and then reversing and closing down strongly. My portfolio had an 8% range on the day. So was a big swing with many leaders reversing hard like TSLA. But one day does not make a trend and earnings season kicks off tomorrow...

With the VIX knocking on the door of the 200 day MA once more and the S&P 500 consolidating near the top of its recent range in a cup and handle pattern. This week could see some rotation once more if the S&P 500 can breakout...

For the watchlist from Thursdays scans - A, ADI, AMD, AXNX, CDLX, CGEN, FFIV, FIT, FTCH, GLUU, HEAR, IPGP, LLNW, LULU, MCHP, MDB, MDLA, MXIM, PING, PTC, QGEN, QLYS, RGEN, ROKU, SPCE*, SWCH, TENB

For the watchlist from Wednesdays scans - ADSK, BJ, CDNA, CRWD, DVAX, ECOM, FSLY, FTNT, GDS, KL, MRVL, NK, NOW, NTRA, PETS, PRTS, RNG, SEDG, WORK

For the watchlist from Tuesdays scans - AEM, ALNY, APD, AUY, AVTR, CLGX, EVER, FNV, JBHT, MYOK, PAAS, PZZA, RUN, SGEN, SMG, SNAP, SSRM, VSLR, VXRT

I chose to just observe today as multiple stocks gapped up strongly on the open. So on days like this there's not much to do but sit back and let the portfolio work, and observe the price action of the leading stocks and how they close.

For the watchlist from the weekend scans - ACMR, AKAM, CHGG, CYTK, DXCM, FAST, ILMN, INCY, NIO, QCOM, SY, TDOC, TER, TSM, VIPS, WRTC

A lot of pullback rebounds in the watchlist tonight, with numerous stocks continuing to setup still and breakouts have started working again. So seeing some strength, and the VIX closed below both the 50 day MA and the 21 day EMA that it's been bouncing around for the last few weeks.

A very large list tonight with numerous cup and handle patterns forming and continuation breakout attempts. Volume was light, but in terms of setups forming, it was a very strong day imo.

Another day of rotation into some of the more unloved sectors with Industrials, Materials, and Consumer Discretionary have strong moves, while many of the leading stocks pulled back strongly to test their short term MAs. So a healthy sign in terms of market breadth, but not so nice if you focus on leading stocks. As can be hard to sit through the correction.