Many names have been consolidating for months at this point, some longer than others, but we're looking for monthly higher lows on most names. We had some shifting momentum on the charts this week as the hourly trends on some names have changed bullish but remember we are still just looking for daily lower highs. The bulls won't prove anything to us without a daily trend change but now that we have hit my target consolidation length and target consolidation percentage, I am carefully watching every night for further signs of momentum to determine the liklihood of bottoms being in vs dropping to lower lows.