I was looking at the Nasdaq Cumulative High/Low chart and compared its recent action to the Composite and saw a bad divergence. While the Comp rallied a second time in the middle of this month to reach the heights reached at the beginning of this month...the HL readings did not. Rather they fell shorter as you can see below. My take on this? Time to sell rallies. Remember in a bear market, your shorts are investments and your longs are trades!