SPY - symmetrical triangle
USO - stage 4
ETFs - energy and materials a drag
HEAT
Analysis: quick opinion..energy looks like its topped...so materials are in the same boat...the dollar might find a bottom here despite the ultra inflation scenario we should be in....and financials can't seem to get enough going to go move the indexes higher...i feel the next move is lower...just not quite yet....its a waiting game for sure...
No comments:
Post a Comment