SPX - near support of channel
SPY - not quite a 100% retracement yet
RKH - not at support but bullish move here
USO - still weak
UUP - strong dollar, strong oil? somethings gotta give
VIX - hit resistance and failed...SPX bullish signal
A/D - even day
ETFs - energy and financials lead...interesting...
Analysis: a day of tight range trading today...financials and energy was strong as oil rose...dunno what to make of that...but charts mostly point to the possibility that today is the starting of sentiment from bearish to neutral and maybe tomorrow the bullishness starts....no guarantees as the major trend is still very bearish...most confusing i see is whether XLF will continue to drag down the market or will it lead the next few weeks...
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