
SPX - no change

SPY - side most likely

QQQQ - 2x top?

RKH - breaking down slightly

USO - sideways

UNG - bearish

VIX - possible 2x bottom

ETFs - financials not participating in rally

HEAT - XLF weak

Analysis: definitely seems like bulls are trying their best to keep the last of the rally alive...but i think all bears know that it is hopeless and the market will eventually fall below support and make a beautiful topping pattern...just that as it is still quite sideways trading, u have to be careful to not get all bearish too soon..right now, its best just to be prepared and waiting for the bear to show its face
No comments:
Post a Comment