[isatrader]

For the watchlist from yesterdays scans - AXAS, APPN, CBW.V, FND, GALT, JJU, JJM, GSP, JCO.V, LGO.TO, MGW.V, HIP.V, ROYT, DBC

Note: Am noticing a number of oil and commodity stocks in the scans, with multiple commodity indexes at breakout levels. I've been looking for potential areas where rotation might be occurring for the start of the new trading year. As what led last year i.e. tech stocks etc are now showing a lot of late Stage 2s with Stage 3 patterns and even some breakdowns in to Stage 4. So oil and commodity stocks looks to be one possible area to look into that might benefit from some rotation out of last years leading sectors.

As I'll be really interested to see what sectors the volume goes into at the start of the new year when the pros return and start allocating money. As that will give some clues on where to focus next.