SPY - very narrow channel
XLF - air below
UUP - resistance holding for now
USO - lovely looking bullish time
DBC - shows the reversal commodities + oil might be having
DBA - best of breed for commodities
VIX - resistance strong
A/D - volume is quite bullish for a sideways ending day
ETFs - modest moves...
Analysis: i swear today was dejavu like yesterday...30min spy chart explains recent price action the best. as i went through these analysis charts, i feel more bullish than bearish...support is not strong and nonevident in many charts, but USO and other commodities look so nice that it gives me good reason to get bullish...nothing is confirmed so i am still supposed to be neutral...and i am right now...for the past few days, i've been looking at individual stock charts looking for the next great trade, and i haven't found many things to buy...best positions are bullish setups though...haven't seen many great bearish setups so i am hoping more for a rally than a fall...but for now, i am really confused as to SPX and XLF...
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