The VIX index looks like it’s ready to change direction and head down, it’s past the EMA9. This means we may see a positive bounce of the S&P 500 from 1440.07 to 1472.73 and maybe see 1500. Until then any positive signs in the market are weak so be cautious.

Here are some stocks that I am interested in on my watch list.

AKAM - Is finding support at the EMA50 which is near the $35 price. If the price action climbs above $38 on more than 4.7 million shares then I will take my first position.

ANO - is finding support at $4.00 and tested $3.80. If if climbs above $4 on more than 400K shares then I’m bullish.