SPY - downtrend
DJIA - not capitulation
COMPQ - last support
IWM - broke down
XLF - support?
RKH - bearish
USO - some support
VIX - resistance from triangle
A/D - up/down volume is capitulation-ish
ETFs - no safety anywhere
Analysis: beautiful one-sided day today...every sector and almost every stock even was lower...seems way to easy to be a bear as of late doesn't it? as i do my daily chart analysis, i come to realize that every bearish pattern lately has confirmed to the downside...meaning that anybody just looking to anticipate a move lately has gotten lucky...this seems all too similar to when dow was making history with 1400 and everyone in the market was making money...seems like everyone is now making money from the downside who wanted to be a bear...technically though, no reason to get long and all the more reason to stay short...but i just got this bad feeling that we might get a huge short squeeze very soon as it just seems too easy for the bears...but as no supports really remain, all bulls can hope for is a panic squeeze based on news....
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