Monday, August 3, 2009

8/3 - stage 2 continued

SPX - on 1000


SPY - breakout of bull flag


XLF - above resistance


UUP - dollar down, everything else up


COPPER - bullish


VIX - below ema again


ETFs - weak dollar rally goes on


HEAT - bullish



ISEE - bearish divergence

Analysis: it seems like everyday is the same...tired of it...analysis seems almost useless and its nearly the same everyday...basically we are yet again still going higher...still have reasons to believe the rally will end very very soon but still not the right time to go short....very hard and also very easy to read the market...basically it is going to stay bullish...but also its unsure how much longer it can go...boredom should only occur when the market goes nowhere, so i should not be getting bored...but the action is killing me...questioning if its me or is the market...was it always this boring?

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