SPY - downtrend
RKH - pullback
VIX - resistance?
VIX 2 - bigger triangle?
A/D
ETFs - don't short health and go long energy...learn from my mistakes....haha
HEAT
ISEE - holding up...bullish divergence
Analysis: things still going as planned...very technically sound...problem is the volume and the lack of panic and selling intraday...definitely feeling more like profit taking than bears taking back control of the market...i was hoping we would make new lows and get slaughtered...but after looking at the charts, i have a feeling we will just quietly pullback to an amount less than 50% of the move...nevertheless, a pause day or pullback tomorrow will leave a great risk / reward play for a short...
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