Thursday, July 23, 2009

7/22 - Market Analysis (stage 2c)

one word says it all


SPX - bullish


SPY - bullish


RKH - bull flag?


UNG - bullish


COPPER - bullish


VIX - bullish SPX


ETFs


HEAT - mixed


Analysis: all the charts listed are bullish...when i scan my stocks, its about a 2 to 1 bullish to bearish ratio...before it was about 4 to 1...so the bullishness is slowing down...but definitely still not over...safe to say that we will most likely go higher tomorrow...only question is whether we will finally break out of financials...

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