Thursday, July 15, 2010

7/14 - stage 2c

bullish


SPX - near an older resistance...surprise level for reversal possible as many prob didn't see this level


SPY - slight range above 30ema


SPY 10 - indecision past couple days


RKH - laggard got below 30ema


VIX - turning bearish with the reversal but not much above 30ema


NYMO - not a big move down today but looks ripe to


ETFs - tech strong, financials weak


HEAT - financials very weak today...JPM might just be the nail in the coffin tomorrow...why the weakness today??

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