Maybe time to take some profits Breakout ratio is a new way to measure the Breadth of Market. It is a ratio of number breakouts of resistance trendline (top line) to the number of violations of support trendline (bottom line). For SPX/SPY, it has been shown to consistently predict the next 2 or 3 days of index movement. Screenulator.com updates this figure daily after the market close http://www.screenulator.com/cgi-bin/view_screen?id=breakout_ratio Even though market rallied for the last 2 sessions, the breakout ratio has weakened since April 14 significantly which may be the signal that market has run out of the steam. Some sell candidates from the support level violation category: AMRI, BBH, DTO, ES, KUB, NOV, STU