High technical ranking and ovesold

Today's buys: RRC NS WSR
Tomorrow's watch: DBS SIVR SLV IHI IRM STJ CTAS DLR DVN CINF BTG AGI PVG TAHO RICE TRGP NGD SPN EGO WWAV CSC OCANF AROC ELGX SAAS HMSY
E buys:
watch:DBS SIVR SLV IHI
L buys: RRC
watch:IRM STJ CTAS DLR DVN CINF
M buys: NS
watch:BTG AGI PVG TAHO RICE TRGP NGD SPN EGO WWAV CSC OCANF
S buys: WSR
watch:AROC ELGX SAAS HMSY

High technical rankings and oversold.

APC DLR AGI RICE OCANF WWAV CSC YNDX BBG HLX

Market breadth, Monday 18 July 2016

• EMA(10) of the A/D Line is showing no divergences in the peaks. 0
• The McClennan summation index $NYSI is high and positive. +1
• EMA(10) of the New High/New Low line is very positive at 256. Last time it was this high was October 2013, and it preceded a 20% climb in the $SPX. +1
• EMA(20) of the stock above their 200-day MA ($NYA200R) is at 70 and heading up, after crossing above 50 in early April. +1
• The EMA(20) of the Put/Call ratio line is at .98 and heading down after crossing below 1 a week ago on July 11. +1

Score: +4 

Last week the main US equity market indexes started making new highs.