Market is extended to the downside and quickly approaching oversold levels. At this point in the game, its time to start expecting a bounce, even if its a short term bounce. In order for the bulls to reclaim power, I think we need to get back above the 50dma on the $spy. Thanks to a stick short in $aria today we ended the day in the green with $1797 in gains.
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YY- bounce watch off the 50dma
SCTY- bounce watch
FEYE- held up well in the sell off, stock is flagging
ANAC- bounce watch
HIMX- strong in the sell off. looking for breakout over 15
