- looking more bullsih
- BUT watch out for the resistance line as its really in play now...
SPY 30"
- today felt very bullish intraday
- higher highs, higher lows, we got ourselves a ST trend
- gap window might be resistance
XLF
- the leader today
- like the index's its back at resistance
USO
- still no bullishness yet
VIX
- between resistance and support
- dunno where it will go next
- slightly better chance it keeps falling
A/D
- slightly bullish...not very bullish except AMEX volume
ETFs
- energy is the total laggard
Analysis: honestly, i am happy to be sidelined...i have no idea where it will go next...and watching the intraday swings, i would have been whipsawed in and out of positions all day long...if we can continue to go up, i will feel bullish..if it falls, i will again be fully neutral as we will again be trading sideways...i am waiting for further instructions from the charts...right now, i see nothing...
No comments:
Post a Comment