SPY - bullish
COMPQ - bullish
RKH - pulled back
VIX - bearish divergence
ETFs - financials lag
HEAT - why financials so weak?
ISEE - bearish divergence
Analysis: bullish price moves as we broke above all resistance...but there definitely has to be mentioned that we have some bearish indicators...in fact, we have 3 big ones...the vix, ISEE, and rkh screenshots all indicate that we should be skeptical...it all depends if we can hold up tomorrow or lose it all tomorrow...can all this happen just because of GM's bankruptcy? thats all i heard all day...also note that volume is good but not nearly as huge as what i expected from a breakout of such a strong resistance level...definitely ok to be cautious going into tomorrow...
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