The bullish percents ticked higher today, but so far it isn't a convincing move. Look for follow through.

Note to self... we are approaching the low-volume, late-August period where so many people on vacation. So I am not sure it is a good time to be watching stocks closely. It's a good time to take a break from this obsession.

(Click on image to enlarge)

The Leader List

The leaders are listed below in blue and green. The S&P 500 is the benchmark. Mexico has joined the leaders.

(Click on image to enlarge)

Mexico looks good.

(Click on image to enlarge)

Here is the weekly chart, and the ETF is trading right under an important resistance level. If it breaks higher then it will be an important technical signal.

(Click on image to enlarge)

Outlook

The broader market has been very weak even though the major indexes have held up fairly well. The short-term indicators are oversold, so watch for signs that the selling is ready to pause. 

The long-term outlook is positive.
The medium-term trend is down as of Aug-10. Looking for a low late September.
The short-term trend is down as of July-28. Watching for signs of a new short-term uptrend.