Saturday, August 1, 2009

7/31 - stage 2a

SPX - bullish


SPY - bull flag?


XLF - final resistance



USO - above prior high


UUP - new low


COPPER - bullish


VIX - above ema


ETFs


HEAT - mixed


ISEE - slight bearish divergence


Analysis: so much movement at the eod made for analysis a little tougher. things are definitely still bullish be we still signs of possible bearishness...i still see many more bullish setips than bearish and thats a good tell that we have to keep bullish for now and think its still stage 2 uptrend.

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