Yesterday's unexpected rally turned out to be a one-hit wonder: the market was unable to build on those gains and ended up giving back nearly all of them today.

The market is technically in a consolidation pattern, but it is very hard to interpret recent price action as bullish. Technical damage seems to be spreading through more sectors and stocks, increasing the odds of a bigger correction.

ATHM - Continues to flag fairly well and maintain good relative strength, needs to push through 45 with conviction

BGCP - Another stock showing good relative strength, could be getting ready for a push toward 10

DIN - Remains neutral in a flat sideways consolidation, but the price structure could turn bullish on a push through 108

DPZ (SHORT) - Toppy daily chart with a close under 20 and 50dmas today, should 100 fail we will likely see a pullback toward 95

FLT - Sort of sloppy, but did manage another bounce off the 50dma and a close over 150, will be watching for continuation toward 155

GILD (SHORT) - Today's close under 100 and the 200dma could indicate likely additional downside toward 90

RIC - Narrow range consolidation above the 20dma and 3, could get interesting on a push through 3.25

SIMO - Good relative strength and a bounce off support at 26, will be looking for continuation toward 28