Friday, August 14, 2009

8/13 - stage 3b

SPX - higher high?...kind of...not really


SPY - side


QQQQ - ascending triangle


USO - stage 3


ETFs - all important sectors bullish


HEAT


Analysis: charts give very little direction...just telling us that we are sidetrading but bulls still have the upperhand...i think the biggest tell today is the strength of the important sectors: energy, materials, and financials...with all those moving in the same direction, the bulls might just breakout and push us higher above this reistance once and for all...

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