Wednesday, August 5, 2009

8/4 - stage 2

SPX - resistance from be4


SPY - bullish


COMPQ - bullish...no resistance


RTH - bearish


VIX - more down to go


ETFs - financials lead


HEAT - mix


Analysis: things still look quite bullish...OIH and RTH starting to break down slightly but most other charts are still good...as today is consolidation, tomorrow has a great chance of going higher...

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