Monday, February 27, 2012

2/27 - stage 2 + divergence

- bearish divergence being seen in XLF + IWM...these stocks are going sideways as SPX and QQQ keeps making new highs
- TRANS and UTIL not confirming new highs in SPX...strong bearish divergence
- feels like the end of the bullish rally as XLK and USO seem to be the leaders...sounds like the weak hands buying these

Saturday, February 11, 2012

Monday, February 6, 2012

2/3 - strong in stage 2

SPX - stage 2


SPY - small time to buy last week


NYMO - safe