Wednesday, March 3, 2010

3/3 - stage 3a

2m: bear side

SPX - resistance doji yet again


SPY - support is fairly strong but we are in stage 3 now


IWM - new high? don't think so...


XLF - side trading


USO - new high...resistance becomes support


UUP - breaks down..bullish SPX? or dollar unhinge from market?


VIX - resistance holds..no bottom yet but close


NYMO - top near but not confirmed


  • seems very near a top reversal but not confirmed yet
  • i feel that the momentum is changing though...bears might just surprise the bears before end of week

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