8/7 - stage 2a

SPX - big volume on higher close


SPY - stage 2a


QQQQ - stage 3


XLF - stage 2


RTH - stage 2


OIH - stage 1


USO - stage 3


UNG - stage 4


UUP - stage 2


VIX - stage 4a


ETFs - sell energy, buy financials


HEAT - bullish


Analysis: what it looks like here is the rally now onto its next stage...first we had asian stocks, then energy leading us higher...then tech...now its financials...doesn't mean the rally will end now, but it does mean that its increasingly important to stock pick and pick the right stocks...unless energy sells off huge, the market should be able to keep inching higher with the held of retail and financials...