Wednesday, January 7, 2009

1/7 - Market Analysis

SPX - still bullish


SPY - bearish


XLF - neutral


RKH - neutral


USO - neutral


VIX - neutral


A/D


ETFs - oil and energy weak but financials even weaker? thats not good


Analysis: tomorrow will be an important day for the bulls...it if can hold off at support and not making a lower close, i think today will turn out to be a pullback...as i am about to do my stock scan, i feel inclined to need both a short and long position heading into tomorrow as the market seems to be able to go either way tomorrow...

No comments: