Market Update

So far here at mid day the market is very quiet and that is reflected in the trading volume which is very low. The market continues to weaken and that is reflected by the lack of volume doing any buying here.

With regard to the plays we provided you last night already one of them has confirmed and has become a short entry. CLWR has fallen 12.5% just this morning so far. Keep an eye on the remainder of the short trades we provided you and look for an entry on those when the conditions highlighted on each of the charts becomes a confirmation.

We are seeing a continuation of what has been happening for quite some time now. Advances in the market are being sold off. The tape says people are selling into strength. We don't argue with the tape.