SPX - bullish
SPY - bullish
COMPQ - way overbought but still bullish
RKH - consolidating
UNG - bear flag?
VIX - SPX bull
ETFs - important sectors lagged
HEAT - mix...
ISEE - bearish divergence
Analysis: still bullish, so most of the portfolio should still be bullish..but more holding than buying as the overbought level is pretty crazy right now...as nothing much changed but another show of how the indexes aren't ready to take a big pullback yet, nor even a small one, i would have to say that all we can do is not predicting tops and just hold longs and keep raking in the cash...but as always...be prepared for a strong pullback signal...none yet...just small indicators...
No comments:
Post a Comment