8/18 - stage 4

bulls tried hard to get the bear off its back...but its still holding on tight..


SPX - support holds


SPY - bearish


USO - ???


VIX - hold support?


ETFs - weakest yesterday, strongest today


HEAT


Analysis: definitely feels like just a pullback before falling lower...but some stocks did actually move harder than i was looking for and make me wonder if this fall will really continue...if oil keeps going up and vix keeps falling, i would say that bulls might get one more try to go higher...tough but emotions aside, its a stage 4 with resistance holding today...