Tuesday, March 2, 2010

3/2 - stage 2c

2m: side...no strong bias in either direction


SPX weekly - top is close


SPX - bearish candle but above resistance slightly


SPY - healthy


QQQQ - at important resistance level


IWM - hit the top...very important level


XLF - still ok



RKH - resistance super strong here...better chance to fall than rise


USO - resistance strong here too


VIX - still ok


  • doji's at resistance always tell me that there is a good chance of a reversal
  • so many charts today with these doji's that i really am feeling that we are at the top
  • not enough evidence to start shorting but be ready with stops in case we get hit hard tomorrow

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