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Education Stocks took it on the chin today (probably earnings related) and if the market begins to move down this will be one sector to focus on. I ran a scan of stocks breaking down and 3/4 were in this sector with the 4th being CAG for those that are interested. There does seem to be some positive divergence on the RSI, so I would only be interested in this sector on the short side if there was weakness in the entire market. That would drag everything down with the weakest going down especially hard. Should the market firm up and move higher, this chart pattern could be forming a bottom for this sector as it appears in other education stocks as well.

ceco