Friday, April 30, 2010

4/30 - stage 3b

2m - side still


SPX - still thinking megaphone most likely


SPY - side


SPY 60 - very large sideways action actually


IWM - weaker than regular markets as no support here


VIX - possible resistance

Thursday, April 29, 2010

4/29 - stage 3b

2m - side bull


SPX - megaphone possible


SPY - got some room til resistance


JJC - weak...very weak...


VIX - can it hold support?


NYMO - wants to test resistance again


HEAT - without the oil spill, i think we would have had a much better rally...200+ if energy participated 100%

Wednesday, April 28, 2010

4/28 - stage 4b

2m: bearish still


SPX - just a pullback huh?


SPY - regular pullback to 30ema


RKH - still weak


UUP - still strong


VIX - above 30ema..relative strength vs market

Tuesday, April 27, 2010

4/27 - stage 4a

2m: 100% bearish


SPX - broke trendline


SPY - no support


IWM - very weak today


JJC - brokedown from rectangle


NYMO - might hold below


HEAT - amazing...hows it possible that GS gains? crazy...

Monday, April 26, 2010

4/26 - stage 2c

2m: bull side


SPX - still strong


SPY - got some support


RKH - laggard...and indecisive before goldman comments


VIX - churning side despite a slight bounce up


NYMO - resistance strong...need a break i think to go higher...indecision for sure..

Friday, April 23, 2010

4/23 - stage 2a

2m bull

SPX - new high



SPY - breakout and no resistance on the close


RKH - weak...


JJC - still in a range as well


UUP - below 30ema now..finally some weakness


VIX - actually moved slightly higher


NYMO - strong resistance...does it matter??

Thursday, April 22, 2010

4/22 - stage 3c

2m: sideways...bull biased

SPX - resistance but uptrend


SPY - side triangle


QQQQ - broke out today...


IWM - is this what spx will do?


UUP - strong but market strong too...weird

Wednesday, April 21, 2010

4/21 - stage 3b

2m: side


SPX - looks like it might stay quiet


SPY - resistance and support


IWM - resistance but possibly broken tomorrow


RKH - big selloff after the open..why??


UUP - strong dollar


VIX - weak but found support