SPX - resistance above
SPY - 2x top?
COMPQ - resistance strong
COMPQ - not bullish
RKH - 2x top?
USO - 2x top?
VIX - still SPX bullish
ETFs - tech definitely the weekly and daily laggard
HEAT weekly - surprising how weak the once strong tech became
Analysis: in my experience, tech is usually more of a leading index than a lagging index. for it to show such bearish divergence from SPX, is a strong indicator that we might be headed for a fall...the most common theme i saw today in the charts was the 30min 2x topping formation...it can be put null if we break above it on monday, but for now, i think its a very likely possibility that all friday was was a day to revisit the intraday highs of thursday to setup a big fall this coming week.
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