SPX elliot - diagonal triangle breakdown
SPY - bearish...thinking sidetrade to resistance and thats it
SPY 60" - 3x top...should break support eventually
XLF - retest of breakdown...should keep going down
RKH - relative strength here...rectangle and strong support still
VIX - no resistance left
ETFs - materials and financials worst...thats bad for the market
- huge selloff on huge volume...main question is....is the selling done for now?
- thinking we sidetrade for atleast tomorrow as we digest the move.
- volume means that emotions got people selling so calmer minds and level headed long term investors are left...should be quiet because of them
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