Tuesday, July 27, 2010

7/26 - stage 2b

bullish, and favorable technical trend


SPX - resistance near...light vol


SPY - just keeps going


SPY 10 - lil scare eod but closes at highs and above resistance


DJIA - above resistance therefore SPX has a good chance to break it tomorrow too


UUP - new low..bullish


VIX - near low


NYMO - way way way overbought...biggest reason to take rewards today or tomorrow...but maybe lil too early...no other technicals giving sell signal...

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