[isatrader]

$VIX testing the 200 day MA while the S&P 500 consolidates near the top of the recent range.

   

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$AA from the watchlist breaking out of its base structure and testing the +2x ATR level

   

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$INFY from the watchlist with a Stage 2 continuation breakout attempt

   

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$SLV Silver with a spring attempt at the major support level

       

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Value versus Growth $SPYV $SPYG

Value breaking out into intraday Stage 2, whereas growth pulling back into the intraday Stage 1 range after failed breakout attempt.

Rotation

   

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$BRK.B from the watchlist making a Stage 2 continuation breakout attempt

   

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$CUBI from the watchlist showing some strong RS today with a Stage 2 continuation breakout

   

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$FCX from the watchlist testing the breakout zone

   

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The tape around half way into the trading day.

Majority of sectors positive, but Tech and Discretionary negative.

Of the indexes though only S&P 500 Value is positive, and this because the mega caps are all negative and they have big weightings in the S&P 500 and Nasdaq 100

   

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For those with a shorter timeframe. The last two days are a good example of how you can use Stage Analysis on intraday level. Obviously the major trend always takes precedence, but it can help to get into trades with lower risk.