consolidation mode
SPX - bullish but very slow
SPY - fell below 30ema...stage 3
RKH - still bullish
UNG - bearish
VIX - bearish SPX
ETFs
HEAT - bear mix
Analysis: first signs of SPY cracking happened today...its in stage 3 now...can still go higher but more than likely, stage 3 ends with a stage 4 fall instead...so watchout for that...no great setups out there at all right now as bullish charts are way too extended and bearish stocks just haven't been confirmed...hate to say it but its best not to buy anything unless we get some huge moves which might make for a great EOD buy tomorrow...doubt i though...
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