Our fine rally has hit a round of heavy selling – though nothing to get to excited over, yet.
Seller domination in Tuesday’s action ended with the S&P 500 and Nasdaq posting their first days of Distribution in weeks.
This institutional grade unloading of shares suggests the big boys took some profits.
We want to see the selling dry up to maintain our Bullish bias. More distribution will put us back on defense.
As for Growth Stock breakouts, we haven’t seen it this good in a long time. Ideally, we’ll get a nice pullback to buy in at better prices. Subscribers to our report will get a better fix on this.