SPY 30" - sidetrend
SPX monthly - bullish, at support
COMPQ - neutral
XLF - bearish, at resistance
USO - downtrend, BUT capitulation volume possibility
VIX - neutral
A/D - bullish
ETFs - Financials is a leader
Analysis: some charts bullish, some bearish..most are neutral...i think it all comes down to timing the market...we all know a big push up will come..so will a big drop down...but when? and which will occur first? right now, my charts tell me that the market is confused and its best to wait until it makes up its mind...thats what i will be doing...this week will either conclude as a hella boring sidetrending week yet again or a very fun week in which a new trend starts or an old one continues...either way, market is neutral, so cash is king...
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