SPX - still bullish
SPY - reversal into bear
XLF - leader finds some weak support
XLE - now in a downtrend...laggard today
USO - very very strong resistance
VIX - finding support from prior low
ETFs - battle of xlf and xle...one wants to go higher...other wants to go lower...xle taking profits or will it bring us lower tomorrow?
- so many times we have seen this...should be bearish but somehow the market rallies right on back and erases all this bearishness...
- should be bearish tomorrow but always hard to predict as volume light and bulls have been super stubborn, buying every dip
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