SPY - bullish
RKH - kinda bearish
DBC - bullish
GLD - very bullish
VIX - SPX bullish
A/D - healthy but the AMEX volume
ETFs - material and financials still leaders of the week
Heat - very widespread selloff
ISEE - bullish as there wasn't a huge move to put buying as we did yesterday
Analysis: we got a pretty textbook pullback to make resistance support today...we can't be 100% cocky confident that we will keep moving up here but odds are favoring the bulls...the big thing that can fuck this all up is a huge drop in oil and RKH...if that falls, we will most likely break through atleast 1 or 2 of the support levels of SPY...so gotta be cautious of that...nevertheless, materials and gold remain the best buys out there...today and tomorrow are days where u just let stops do their job and have a handy buy list nearby in case we get a surprise reversal
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