SPY - dunno if we can break down here...more likely rebound tomorrow
RKH - hella strong support
RKH 30 - if bounces, we will most likely sidetrend a few days
VIX - still downtrending...needs atleast a 2x bottom before reversal
ETFs - financials strong..bad for bears
HEAT - whats with financials?
Analysis: dunno why financials doing better...but i can see why it is more bullish than bearish...if the bulls cannot even push down the financials, how much chance do they have of having a sustainable downtrend? i don't see it...they led the strong last minute rally today to end positive on the day...more than likely that SPX will follow this tomorrow and post a gain...depending on the strength of the move up, we might be heading for further bearishness or just sidetrend...very unlikely to resume the uptrend...
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