Thursday, June 24, 2010

6/24 - eod scan

USO not bearish...



  • market weaker than i expected
  • seeing many stocks breaking below prior low after failing to confirm 2x top...
  • retail looks especially weak to me
  • if we recover strong for the rest of the day, we have some good bullish setups...
  • if it stays here, got a few good looking bearish setups
  • market looks like it is ready to go down to its last low.

No comments: