Major Indexes Testing the Stage 4 Breakdown Level

The major indexes all tested the lower ends of their bases today, with the Nasdaq composite closing below the Jan 24th Selling Climax (SC) level, and so there is a possibility that there could be a Spring attempt. But current geopolitical events continue to add volatility into the mix, and so risk of a broad Stage 4 decline continues to increase. Although you could argue from the market breadth data alone that we are already in Stage 4.

US Stocks Watchlist - 23 February 2022

There were 30 stocks for the US stocks watchlist today. Here's a small sample from the list:

PALL, DOCS, TAP, TECK, + 26 more...

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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.