Wednesday, January 27, 2010

1/26 - stage 4c

SPX - support holding but prob will fall..candles show weakness


SPY - rectangle pattern holds below 30ema


RKH - same rectangle but broken today to the downside


VIX - bull flag formation


ETFs - weakest sectors during decline are back on track as the laggards


  • overwhelming technical proof that we will fall hard that can start as early as tomorrow
  • but always be cautious as FED might chance everything tomorrow...

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