SPX - resistance at 30ema
SPY - a muted selloff though
RKH - muted everywhere
USO - need a breakdown of this support
UUP - higher high again
VIX - higher and above 30ema...but not a big move
NYMO - small move here too
ETFs - financials one of the laggards
- to most spectators, it totally makes sense for the market to just keep selling off as its pullback is over....but i just feel uncomfortable about that stance...
- something is telling me that the selloff is premature...the moves just look way too small and muted to be a top...especially for a pullback top
- BUT i do have to be careful about being bullish as a big reason why it looks so muted is because of the 1000 pt move and 400 pt move after...next to those big days, 100 pt days are bound to look small
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