SPX - neutral
SPY - neutral (but under 5day ema)
XLF - neutral
USO - lil bullish
UUP - dollar bearish
VIX - neutral
A/D
ETFs - energy leader of the day
Analysis: sideways trending continues...big move down then followed by a nice size move up to recover most of the losses...overall, things were weak except for gold / silver and oil (EOD rally)...these are the sectors i am looking into for possible longs if SPX can stay within this range and not breakdown...as a fun prediction, i would like to see a nice rally now til end of febuary before a huge fall in febuary that will finally mark the bottom
No comments:
Post a Comment