Wednesday, December 30, 2009

12/29 - stage 2c

SPX - still bullish but not really rallying yet


SPY - losing steam?


QQQQ - consolidating slightly today


RKH - getting ever so close to breaking down


XLF - closed below 30ema...support below though


XLE - energy was a laggard and today closed below 30ema


  • overall, things are starting to shift into consolidation...nobody seems to be buying despite the santa rally cries...looking like we will close out this year in a small consolidation range more than a huge surprise rally

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