NFLX (Netflix) reacted poorly to it earnings again and made its second large gap down of the year so far. The first of which was on the announcement of the previous earnings. And so it made a Stage 4 continuation breakdown with a massive gap of over -25% in the after hours trade and has now retraced the entire previous Stage 2 advance...

Stage Analysis can be used on multiple timeframes. So one of the best uses of that is to use it to help to determine the short term trend, which can be useful for swing trading purposes, or for fine tuning entry points, as well as general risk management uses...

This weekends Stage Analysis Members Video features analysis of the Major US Stock Market Indexes – S&P 500, Nasdaq Composite, Russell 2000 etc, plus a detailed run through of the key Market Breadth charts (with exclusive charts only on Stage Analysis) in order to determine the Weight of Evidence...

There were 34 stocks for the US stocks watchlist today. JETS, MAR, KBR, UUUU + 30 more...

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

The purpose of the Relative Strength (RS) tables is to track the short, medium and long term RS changes of the individual groups to find the new leadership earlier than the crowd...

The Stage Analysis Members Midweek Video covers the major indexes, short term market breadth charts, AAPL and TSLA attempts to the hold their short term MAs.The group themes from the last week, and the US watchlist stocks in more detail...

AAPL closed the day back above both its 50 day MA and the short term 21 day EMA and continues to hold the at top of the most recent down trendline. TSLA also revered back higher through its short term 21 day MA, as did many other stocks today, with a very high reading on the daily scan that I run for that of over 100...

The S&P 500 opened back above the 50 day MA today, but the early enthusiasm soon diminished, and it rolled over at the short term 21 day EMA and turned lower again. Closing the day back below the 50 day MA for a second day and also the -1x ATR(21 day) level...

The broad market came under more pressure today, but I thought it would be interesting to focus on some of the weekly charts of the mega cap stocks which are currently struggling in various Phases of Stage 3...