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Tuesday, January 21, 2014

Tuesday 1-21-14

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www.stockcharts.com
Today was a strange kind of trading day,when looking at the sectors that were up at midday and now at the end of day, things changed a bit,but when drilling down into the sectors that were up such as Utilities and materials it tells a  different tell.The percentages were in the green but I found it to be mostly small cap and even micro-caps that made the move . Check out the heat maps: (ABOVE)  Also there where strong moves from a P&F Pattern called 'Spread Triple Top Breakout.  Most of these go back 3 years and been on a bottom coming from a Dead Cat Pattern.

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the chart shown is PEIX,also check out HDY ,NAT ,

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