Friday, January 22, 2010

1/22 - stage 4

SPX - fell hard...will it pullback first before more devastation?


SPY - can only try to predict where support might come in...don't see any on this chart..108.5 is 161% of wave A


SPY 2 month hourly - elliot wave count can go 1 of 2 ways here...here u see that some support is near 108.5


DJIA - broke all kinds of strong support on heavy volume


RKH - broke down from 3x top...crazy...bearish


ETFs - now we have all 3 major sectors as laggards...tech, xlf, and xle

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