SPY - trendline intact
RKH - resistance still key
OIH - sideways like oil
VIX - side
A/D
ETFs - profit taking at XLF and XLE, financials brought market up, and healthcare + utilities not participating in the march rally
HEAT - neutral
ISEE - not much selling or buying...
Analysis: bulls and bears have things to be happy bout and things to be worried bout today...most important key things to me is that RKH (the leader) is still below very strong resistance and that SPY is holding its streak of higher highs and lows (with also a very sustainable 45 degree uptrend line). i would say that its too early to short the market and too late to get very bullish on the market...best to just have a small long position as trading with the trend at the moment is the smartest play....just watch out for super whipsaw days like today...
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