Tuesday, July 6, 2010

7/6 - stage 1b

slight bullish bias


SPX - doji and light volume...volume should remain weak this week


SPY - side trending


SPY 10 - off lows


IWM - lagging index


JJC - bullish breakout and retest if support holds


VIX - broke slightly above 30ema but closed back below it


HEAT - big caps gained and small caps fell


BUBBLES - its a mess..total stock picking environment...no clear direction

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