Around the Horn

- SPY, Broad Market Index:
(Daily Chart) Uptrend broken. Overnight action has resulted in Price laying directly on the 20ma
- BGU/BGZ, Large Cap Sector:
(Daily Chart) Uptrend broken
- MWJ/MWN, Mid Cap Sector:
(Daily Chart) Up-trend thoroughly broken. Lower high, lower low.
- TNA/TZA, Small Cap Sector:
(Daily Chart) Up-trend thoroughly broken. Lower high, lower low.
- TYH/TYP, Technology Sector:
(Daily Chart) Up-trend thoroughly broken. Lower high, lower low.
- FAS/FAZ, Financial Sector:
(Daily Chart) Up-trend intact. Lower high, lower low.
- ERX/ERY, Energy Sector:
(Daily Chart) Up-trend intact. Lower high, lower low.

Monday may be a good day to place long positions in short ETF's.