SPY - resistance to the dot
RKH - slight headfake breakout
USO - higher high, almost a higher low too
VIX - black candle, side still
A/D - pure neutral
ETFs - slight bullishness in sector leadership
Analysis - basically a pause day...technically we are right where we were last friday...nothing much happened...only thing it did was give a nice pullback to some overrallied stocks...also we saw some signs of bullish breakouts in some charts, but none are convincing enough to feel confident that we will rally hard past SPX resistance...watch USO and VIX for possible bullish setups
No comments:
Post a Comment