SPY - strong resistance? but clearly above 30ema now
XLF - higher highs
RKH - tumbled intraday
UUP - below support and 30ema
VIX - below support...back to stage 4
- somehow, SPX got stronger yet again on light volume...
- charts telling me that we should be long now, not short
- but resistance and more analysis tells me that its as good an idea to be short
- its the scary time where it can go either way now...best to wait for next move and then jump on board...my guess is that it will fall tomorrow, but that ain't worth my hard earned money nor yours...
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