The runner screen has 400+ names on today’ screen, the most I’ve seen in a few months. It’s no surprise though, with one of the ingredients to the screen being short percentage. The shorts are running scared at this point, but I’m sure starting to get confident to short once again as we start to knock on overhead resistance.
I love how this action is playing out, with the “W” bottom in progress. However, I won’t chase here. Let the market come in a bit, consolidate, then the opportunity for trades will be endless.
I’ve left out any stock trading under 1M in average volume to cut the junk, here’s a look at today’s runner screen: CLICK HERE FOR CHARTS
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