Today's Chart of the Day is AMAT. Like the way it is consolidating since the breakout from couple of days ago. Higher lows being formed. Wait for a break of 15.35 on volume before getting in.
Some words on the overall market now. In my opinion, today's action was a lot more bearish than what is suggested by DOW being down 10 odd points. I am still not going short here, for swing trades at least, but a healthy cash position might be the need of the hour here.
Take care and good luck!