
SPY - bullish channel

XLF - stage 3...laggard

IWM - 2x top? no new high...resistance point

ETFs - materials, industrial, and energy leading last 5 days, financials big laggard

HEAT - financials weak in some spots...

- things remain bullish but IWM gives me reason to think this might be the top for the market in atleast the short-run...
- if IWM breaks above to make a new high and XLF breaks out of stage 3 consolidation on the 30min, we will be much much more bullish than now...
- looking toppy as i look at these charts...
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