8:58 AM CT - Note the relative forcefulness amidst banking concern in addition to homebuilder shares, but exclusively a niggling to a greater extent than than 500 advancing stocks than decliners in addition to thus far. Health tending in addition to materials shares relatively weak; watching closely to encounter if this is but sector reallocation or if the rally inwards banks tin elevator the wide market.
We're trading toward the tiptop of a wide multiday range; handicapping whether nosotros tin attract fresh buying at the highs vs. autumn dorsum into the hit volition gear upwardly the best trades for today. I'll hold upwardly watching the intraday advance-decline draw of piece of occupation in addition to novel 20-day highs/lows carefully during the solar daytime for clues every bit to the likelihood of sustaining a breakout: amongst a niggling over 1300 novel 20-day highs on Tuesday, we're seeing or in addition to thus thinning of participation on this around recent leg upwardly inwards stocks. Note too that we're falling curt of recent highs overseas, inwards EEM in addition to EFA.
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