The SSRatio did drop into the negative on Monday, losing 0.28 to -0.20 favoring selling, the estimate of market risk remains HIGH. This puts us back in "lite mode", trade fewer shares with tighter stops. Hopefully we'll shift back up soon, but the internals decayed fast in this last round. And considering the Fed meeting tomorrow, and associated volatility, it might be a good day to sit out. Only one potential breakout screened out, but I'd still watch AVO, ENDP, FCX and LEXR from today.
Sam