Wednesday, July 28, 2010

7/27 - stage 2c

scary time to stay bullish


SPX - resistance being felt slightly today


SPY 30 - still advancing


SPY 10 - ascending triangle...range today


JJC - fell below 30ema intraday...looks toppy


VIX - support was held at the close


NYMO - i see it falling much lower as we are in way overbought levels


HEAT - small caps lag, big caps strong


bubbles - more weaks than strong

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