Today confirms stock downtrend. How about next week stock trend?

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

Today's drop confirms the market is entering a downward trend, and there are a lot of sell / short candidates. Go to the above website and look for stocks still near their top-line or resistance levels.