SPY - side
COMPQ - side
RKH - support at light volume
USO - bullish divergence
VIX - finding suport?
ETFs - important sectors lagged
HEAT - first time in a long time where EVERY sector down, even safety sectors
Analysis: ok...as for the fall today, that was pretty evident to anybody watching the shorter term charts...the resistance was very clear but the fall definitely happened faster and was stronger than i expected...the smart guys prob sold right at the top and shorted it on the way down...tomorrow, a bullish scenario would be a pop up giving us a very short term higher low, but more likely that we will fall more tomorrow and straddle support...might even sit on it with a very boring day friday...then next week i think is where we will try to make some bigger directional moves...volume definitely is too light to move in one direction for longer than a few days...USO is kind of making me feel that i might just get surprised by the bulls soon...
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