Tuesday, June 16, 2009

6/15 - Market Analysis

SPX - side


SPY - breakdown


QQQQ - healthy pullback


QQQQ 30 - bearish signal friday


RKH - side


VIX - resistance


VIX - bullish now but ready to pullback


ETFs - everything down


HEAT - all deep in the red



Analysis: seems like today will be a bullshit move with no followthrough...definitely getting the feeling that we are just going to pullback tomorrow and make today nothing...unless something major is broken soon, definitely more than likely that we are just widening the range but still trading within the range

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