6/4 - midday scan
- many sloppy bearish pullback setups that are now near support...similar to SPX...just basically another move back towards the lows of the consolidation area
- not many breakout patterns
- FXE brokedown and UUP brokeout
- because no real great patterns, i actually think we will drift higher into the close and finish way off the lows...this should happen as the euro recovers and the dollar weakens....i just don't see any conviction til next week and all today is is just another whipsaw day to scare people but in fact, we still in a range....will surprise me if we close near these lows...
- some oil stocks continue to do well
- tech is holding up and not breaking down yet
- seems like most of the weakness is just in financials
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