6/30 - stage 4b

bearish..too bearish??


SPX - going lower


SPY - closing at lows...still new lows


SPY 10 - broke down and fell on big volume

DJIA - new low here breaking support


IWM - broke support


VIX - possible resistance


NYMO - small drop for such a decent move...good or bad for bears?


ETFs - financials and tech worst

6/30 - eod scan

• feels like summer hit today...nice weather, light volume...no real direction...
• should trade within the range unless something huge happens...if it does, i favor the upside as its summer trading...
• financial daily patterns look weakest
  

6/29 - stage 4a

bearish

SPX - new low..


SPY - triangle breakdown today


DJIA - intraday bounce from support



IWM - right on last low...increasing volume...will it hold??



UUP - still in a range


VIX - bearish


NYMO - lower low...much room to fall as today's move didn't move nymo as much as i expected


HEAT - no gainers


bubbles - wow...3% down decline was the norm

6/29 - eod scan

• many bearish breakdowns including SPX on daily chart
• think we close at the lows and fall more tomorrow
  

6/28 - stage 1c

slight bullish..most side


SPX -very light volume side day


SPY - big triangle


SPY 10" - breakdown on 10min chart


JJC - still bullish


UUP - above 30ema but side


VIX - side as it closes on 30ema again

6/28 - midday scan

bull

SPY - huge triangle...

• still got resistance but feels more bullish than bearish to me at the moment..
• think we breakout today
  

6/28 - morning scan

• feels bullish...seeing us finishing near the highs....
  

6/25 - stage 1c

bullish


SPX - middle ground



SPY - near 30ema breakout


DJIA - 50 % pullback before going higher???



XLF - 2x bottom confirmation on big volume


JJC - very bullish breakout today


UUP - bullish breakdown


VIX - close right on 30ema at resistance


NYMO - middle ground but inching higher


ETFs - important sectors led


HEAT - financials on fire because of financial reform less strict than expected

6/25 - eod scan

• some bullish pullback setups confirmed...least reliable setups so shows that we are in infant stages of bullish move up
• some good looking tight ascending triangle patterns are near resistance and should confirm breakout next monday if we continue higher but they are not ready to buy yet
• JJC huge move today which makes the markets looks more bullish..and of course UUP down today below support
• Gold stocks doing well..to new highs...
  

6/25 - morning scan

• feeling strength in the market...esp as financials doing well and now straddling 30ema
• see some bullish patterns that might confirm by next week
  

6/24 - stage 4b

bearish again


SPX - looks ready to go down to lows


SPY - resistance tested and failed


DJIA - broke below support..very bearish on slightly increased volume


USO - bearish still got can get above resistance to change it all


NYMO - got room to fall