SPX - support / resistance
SPY - bullish if support holds
INDU - retest of breakdown from triangle??
XLF - fall from resistance
USO - neutral...fell as UUP popped...but why XLE and OIH rally?
UUP - no relation to SPX anymore
VIX - triangle here too???
A/D - nasdaq slightly more bullish
ETFs - commodities buoyed up the market...financials lagged
Analysis: Not so clearcut right now. Commodities are showing relative strength especially as uso again fell...Tech showing strength too but less fundamental reason than commodities. I think we are still in a short term uptrend and as long as the support on SPY holds up intraday, the rally will continue...
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