Wednesday, October 28, 2009

10/28 - stage 4b

SPX - broke trendline


SPY - bearish


IWM - 2x top confirmed...very bearish


MDY - right at the 2x top support, bearish divergence


XLF - bearish divergence, support


GS - broke down..bearish


UNG - no support in sight


UUP - broke 30ema...more to go before good resistance


VIX - should hit resistance before stopping

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