Inside Day Spinning Tops in Early Trading

After 90 minutes markets are consolidating this morning near support areas. The DJIA is forming a spinning top at the 11,200 support area where it has been trading for the past five trading days. The SPX is below yesterday's 52-week close forming an inside day and spinning top. The Nasdaq Composite is near breakeven also forming an inside day spinning top at the 2,240 support area where the index has been trading for the past two days. The RUT is also forming an inside day spinning top just barely negative for the day. ALERT: There is continued selling pressure in ag-related stocks: POT, CF, MOS, AGU and MON. POT, CF and AGU have broken below their 50 DMA this morning. MOS broke below yesterday and MON has been trading below for several days. Tuesday's Early Action Moving Up: RIMM, BIDU, IBM, EBAY, DRYS Moving Down: POT, CF, X, CLF, MOS, ANR, AGU, USO, IPI, NUE, BTU, MEE, FSLR, STRA, MEE, MON, FWLT, SOHU, CNX, PCLN, MTL, V, MA, SCHN