Sunday, December 21, 2008

12/19 - Market Analysis

SPX - still bullish


SPY - bullish

XLF - neutral


USO - bearish


UUP - bearish


VIX - SPX bullish


A/d - neutral


ETFs - security in the boring safety stocks seems to be the last 5 day trend


Analysis: not much has changed...other than the market being very boring lately, nothing has happened...all major trendlines are still in place...and until we get a breakout or breakdown, the best we can do is hold the bullish stance we are currently in...with light volume next week again, we might just go sideways til the new years....good luck!

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