SPY - holding support
QQQQ - bearish
RKH - support holds
USO - resistance
VIX - either way
ETFs - tech bounced back and financials fell hard
HEAT - everything hammered but some indecision in tech
Analysis: overall, we are starting to see some weakness in the charts....its no longer just tech now...tech was the leader but as u can see, they basically just made a lower high on the 30min and on weak volume...so i think it will fall more...other major charts are having a hard time with resistance...i think we might stay sideways for another day or two...with possibly even a small up day tomorrow...but eventually, by the end of the week, we should be making lower highs and lower lows on all the major charts...
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