Xilinx dropped below its 200-day EMA. There are negative divergences apparent that are shared by many charts at present, and Clive Corcoran would keep this on a watch list for an entry opportunity.

The exchange traded fund for clean energy (PBW) has continued its descent.

The forex markets look set to have a very interesting week with the ECB rate decision and a possible challenge by the euro of the $1.60 level. Also worth monitoring this week is the Japanese yen, which is continuing to show strength in most of the more closely followed cross rates.

The price action yesterday for Intel (INTC) reveals a breakdown from moving average support, but the volume does not yet point to panic selling or capitulation.

The fund called DOG tracks the Dow Jones Industrials but moves inversely to the index so the action of the last two sessions is one method of interpreting the likelihood that the DJIA is preparing to rally from current levels.

Clyde Corcoran writes that the technical patterns of a stock like Citigroup could provide early clues as to where the market wants to go next.

Clive Corcoran writes that Amgen (AMGN) has one of the most positive looking charts for the bulls.

The chart for Intersil (ISIL) reveals momentum divergences on the move up to $29 in mid-May, and now the stock faces the hurdle of trying to break back above converged moving averages from below.

Ford (F) suffered yesterday as analysts become more gloomy about the fallout from endless increases in gasoline prices, and, after dropping back on very substantial volume, a text book example of the evening star candlestick pattern is revealed. Further downside is to be expected in the intermediate term.