Friday, February 19, 2010

2/18 - stage 2b

Pred: bullish


SPX - above strong resistance



SPY - breakout seen intraday


XLF - everyone was looking at financials


USO - no resistance til top of rectangle


UUP - stubborn as its still holding above 30ema


VIX - below prior low...wow...weaker than i though...very bullish signal


  • only bearish thing is that everything looks too easy...everything points towards more bullishness and that makes me anxious...feels like its all a trick....but the money is always best with the trend, despite how suspicious it might look

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