The chart if the day is the Bradley Siderograph via kirklindstrom.com and serves as an useful tool to detect trend changes in the market. It doesn't indicate market direction but can be used to identify key inflection points. It is better used in conjunction with other indicators than in isolation. The key dates for 2016 are shown below:

Earnings Report Card: Seven Stocks Carried the Market… The Other 493 Just
Got the Memo
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Every quarter, the same question lands in my inbox: Is this finally the one
where the “Magnificent Seven” hand the baton to everyone else? One chart
keep...
3 hours ago