Thursday, November 17, 2011

11/17 - tempted to go long...see some warnings

SPX - perfect buy bounce?



SPY - right at support


IWM - still ok here too...


IWM 30 - still in a tight range with IWM...no breakdown as i might be worried about



XLF - broke some strong support...bearish sign


USO - super bullish since SPX start to consolidate...who will follow who?


UTIL - scary as it broke down and it is known to be a good predictor of SPX


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