[isatrader]

It was a very negative week in the US market with 63 P&F breakouts compared to 195 P&F breakdowns in the S&P 1500. So more than 3 to 1 in favour of breakdowns.

I highlighted a number of potential breakouts and breakdowns diuring the week on the Elite Board thread, but here's some of Friday's candidates for the short watchlist - PGR, PNR, MT, ADNC, ABTL, CIR, DW, EVR, ASGN and PIZ which is an interesting one as it's a portfolio of the technically strongest stocks in the developed markets. i.e. momentum names and is currently testing the bottom of a small Stage 3 range.