
SPY - bullish if support holds

INDU - retest of breakdown from triangle??

XLF - fall from resistance

USO - neutral...fell as UUP popped...but why XLE and OIH rally?

UUP - no relation to SPX anymore

VIX - triangle here too???

A/D - nasdaq slightly more bullish

ETFs - commodities buoyed up the market...financials lagged

Analysis: Not so clearcut right now. Commodities are showing relative strength especially as uso again fell...Tech showing strength too but less fundamental reason than commodities. I think we are still in a short term uptrend and as long as the support on SPY holds up intraday, the rally will continue...
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