SPY - bearish but at 61% fib
RKH - broke support, bearish
USO - no beautiful H+S...bearish
DBC - still possible 2x bottom
VIX - bearish, bullish SPX
A/D
ETFs - 2 leaders (energy and financials) are laggards...not good for bulls...
Analysis: to talk from the gut and from the bull mindset, i would have to say that we are setup very nicely to have a higher low of this support level and rally this coming week...but charts have not been confirmed yet...too early to bet on the longside for the market though many nice bullish setups are revealing themselves lately...stock pickers market for sure...commodities might be the best long play if SPX holds support and makes a higher low....
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