SPX - stuck in range, support from trendline
SPY - rectangle...good chance to go higher but not much higher
XLF - near support...no bounce like spx...a laggard
UUP - bounce scared investors...but strong resistance above
VIX - symmetrical triangle now...thinking it will sidetrade
ETFs - bearish sector rotation as defense still doing best and materials and financials are worst...near a top is hinted
No comments:
Post a Comment