TICK Chart

I'm glad I spent some time this week and last week building positions, I would have loved to see this week's put fire off, but that's why they are spec size and spread-now all June on new positions.

With the way everything is looking, I'd feel a lot better being positioned net short come Monday than Net long, remember these gaps take out 2 months of longs on the open.

The NYSE (all NYSE component stocks) TICK shows the number of advancing stocks less declining, it was trending up with the move, then broke the trend and now we have a growing number of decliners over advancers, not good with negative divergences in place to end the day