Bearish Counterattack

We had some impressive gaps higher this morning, now everyone is taking profits. This has produced a bearish counterattack candle formation on many charts. We'll need an afternoon rally to change the technical picture, otherwise I'd say this bounce is in danger of ceasing.

In other news, our previous leaders, AAPL and FSLR, aren't behaving very well in this market. Other previous leaders, namely POT, MOS, and MON, seem to be acting better. We may be seeing a shift in where new money is going.