SPY - 50% retracement
RKH - sector to short
OIH - long candidate
XLE - long candidate
USO - fork in the road
UUP - dollar bearish
VIX - near resistance
ETFs - most sectors up
A/D - reason for this is divergence...bullish divergence today
Analysis: was looking for an opportunity to short some stocks today...but the opportunity never revealed itself...all the ones i was looking at made bullish moves without bearish reversals intraday...that coupled with the daily chart analysis makes me feel that we can be setting for a real bullish move starting tomorrow...and RC mentioned, tomorrow's job numbers can present a great buying opportunity. if we get a huge gap down and a positive close at the highs of the day, i would be a buyer.
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