Energy and Gold were the only positive areas this week with Consumer Staples sector down the most on the week followed by the Nasdaq 100 and the Technology sector - both of which are on the edge of tipping into Stage 4.

The purpose of the 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...

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.

I talked in yesterdays members video about the constructive pullbacks in the strong RS groups and highlighted some group themes in Coal, the Oil Groups, Aluminium, Gold Mining, Uranium, Non Ferrous Metals, Fertilisers / Potash, Steel and a few others...

Members midweek video covering the market and watchlist stocks...

Todays watchlist had a number of group themes, but the overall theme was pullbacks in strong RS groups which I talk about in the midweek video...

Stocks attempted to rally intraday, but it faded into the close with the major indexes all moving back down towards the recent 24 February low, and so looking through the weekly charts of the S&P 500, NYSE, Nasdaq Composite and Nasdaq 100; they are all making potential Stage 4 breakdown attempts. So a pivotal point for the US markets this week.

There were 20 stocks for the US stocks watchlist today. Here's a small sample from the list: EGLE, GDXJ, TS, USER + 16 more...

US Stocks Watchlist in detail. Marked up charts of the price and volume action that I'm looking for in the watchlist stocks.

Stage Analysis Members Video covering - BTU Stage 2 Breakout Analysis and Targets. Group Focus on Coal, Defense, Cybersecurity. Major Indexes review: i.e. S&P 500, Nasdaq, Russell 2000 and more Market Breadth Update to Determine the Current Weight of Evidence