Friday, October 2, 2009

10/2 - stage 4b

SPX - remains below 30ema


SPY - bearish


VIX - resistance


UUP - bearish


Analysis: weird to see market just fall from the peak and keep falling huh? well we are starting to see signs that the fall might be over...VIX is telling me that its very likely to have ended today...but SPY and SPX shows that we can fall lower...so for now, its bearish til the main charts change

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