SPX - at very strong resistance...prior high + 50% fib
SPY - resistance on intraday chart too...overbought so can be last leg up...
RKH - resistance...but as with SPY, i see it going higher...too many doubters out there
UUP - dollar at resistance...this is main reason why i feel we can rally more...a new high and i switch sides
VIX - got some gap support here but its weak...more likely support is below that...bullish signal here as even when market went lower intraday, vix did not budge...that means smart money not shorting yet IMO
No comments:
Post a Comment