I really like this pullback. Saw this on the “Calm After Storm” scan today. It’s got deeply oversold stochastic and found support today at its lower Bollinger Band. It would be perfect if it were above its 50-day moving average but we rarely get perfect setups. I’ll likely be a buyer if it can take out today’s high.

Another "Calm After Storm" plus "1,2,3 Pullback Bullish" candidate (plus some other signals I like to see for a pullback play). Last week this has confounded a few popular traders that I follow on Twitter. This looks like it *wants* to bounce off of 400 & I'll be targeting a break above Thursday's high to get long.

One of my favorite "Calm After Storm" plus "Non-ADX 1,2,3,4 Pullbacks" from Friday.

When the market sells off like it's currently doing (% of stocks above their 50 DMAs dropped below 26 today) I always like to run the Strong but Oversold scan to find some high relative strength stocks on sale. UPWK is my favorite of the bunch that popped up today (others include CRM, NVDA & KNBE). It bounced off its lower Bollinger Band & proceeded to reclaim its 50 DMA while also forming a Bullish Engulfing candlestick.

Noticeable relative weakness in the small caps is evident here. You can also see that in the % of stocks above their 50 day moving averages. It always makes me nervous when I see that indicator heading toward the 20s. I'm not sure if the larger cap indices can continue to cruise along near all-time highs with such poor breadth in thee broader market.