SPY - should be able to break above resistance but might pullback a little first
XLF - wave 3 in progress...bullish if my elliott is right
VIX - looking bearish for vix
VIX 2 month - can see where resistance was from
ETF - defensive sectors are getting all the buying...
What it feels like:
- market does not want to fall
- if any selling, buyers are just getting lazy...not because they are gone...
- sector rotation is going on all the time now
- right now financials are the leading sector and should continue to pave a direction for the market
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