SPY - bull
XLF - side
USO - down
UUP - dollar bear
VIX - SPX up
A/D - ok
ETFs - best sectors seem to be obama stimulus plan related sectors...financials lagging is not good
Analysis: i think the charts are mainly pointing to more upside on the anticipation of obama's stimulus plan...the sectors confirm this...i think its very possible for us to rally up to the inauguration or the plan's passing, then we will fall back down to the lows of 2008...before carving out a true last leg to the bottom of oil as well as SPX...but for now, i like the longside headed into this week...a very weak day monday on big volume will of course stop me out and wipe the bullishness off my face...
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