For the watchlist from the weekend scans...

A massive list today, with numerous Stage 2 breakout attempts and breakout attempts within Stage 1 bases still. Gold & Silver Mining stocks were a major theme, as physical gold futures attempts to move into Stage 2, after testing the breakout level continually for the last month...

The start of the new trading year in the US stock market saw multiple Stage 4 breakdown attempts in the Energy group stocks, with the Exploration and Production group stocks dominating the scans of the stocks breaking down into Stage 4 and within late Stage 3 structures...

The Stage Analysis members weekend video with an end of year review of the markets, and special features on the US Industry Groups Relative Strength 2022 strongest groups, and the IBD Top 5 stocks of 2022. Plus the IBD industry group bell curve, and the market breadth charts to determine the weight of evidence. Followed by the US watchlist stocks in detail on multiple timeframes.

There were 36 stocks highlighted from the US stocks watchlist scans today...

The Software group is the dominant theme in todays watchlist scans with multiple stocks in the group approaching their respective Stage 2 breakout levels...

The midweek video is a group focus on the Coal group and stocks, which led the market through the majority of 2021 and early 2022, and has multiple stocks closing the year above a +100% gain and three quarters of the stocks with more than a +20% gain year to date. However, the group and its stocks have weakened in late Stage 3 type structures over the last 8 months or so, and hence it is vulnerable to a potential Stage 4 breakdown attempt...

There were 28 stocks highlighted from the US stocks watchlist scans today...

A major theme showing up in the scans of the technically weak stocks and etfs was the large amount of Oil stocks in late Stage 3, and hence vulnerable to potential Stage 4 breakdowns in the near future...

The Stage Analysis members midweek video discussing Gold, Silver & The US Dollar, the S&P 500 & Nasdaq 100 Equal Weight Comparisons, short-term market breadth indicators and the US watchlist stocks in more detail with live markups of the individual stocks and group themes.