SPY - still uptrending
IWM - looks just like DJIA and SPX now
RKH - hit the resistance we talked about on big volume
RKH 30 - holds support and higher lows (for now)
VIX - finding support yet again
A/D - issues quite even..volume bearish though
ETFs - definitely commodies rally today
HEAT - commodities and industrials because weak dollar
ISEE - not showing much bearishness all day
Analysis: basically we got the pause day i was calling for yesterday...to be fully bearish, we rally tomorrow til midday (double topping) then fall off huge into the close to confirm the 2x top...then monday will look horrible...BUT looking at the charts, its way too early to call a horrible fall...still in an uptrend and i would just be trading something thats 2 steps ahead if i were to short the shit out the market for now...easy thing is just to trade individual charts as they are looking good in some sectors, especially commodities.
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