SPY - uptrend intact
RKH - side
RKH 30 - very side
USO - resistance
VIX - SPX bullish
ETFs - financials lag
HEAT - very mixed
ISEE - bearish
Analysis: very mixed day today...Q's and SPY down and only DIA up...but overall, it was a pause day trading in a tight range all day...the more i look at the charts the more i see the resistance looking strong and consistent among the charts...i've felt this way many times in the past, therefore i am hesistant to predict a big reversal just yet...but its seems quite likely now...only thing is that COMPQ is way above resistance and doesn't seem to be slowing down yet...oil is my biggest reason now for thinking this pause area will result in a drop in the charts...definitely feeling confused as to what will happen next...
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