Thursday, March 29, 2012

3/28 - small consolidation going on

SPX - small channel support


DIA - support but also resistance


 VIX - strong all day but lost all strength EOD

Wednesday, March 28, 2012

3/27 - Market at some resistance now

SPX - resistance from channel but still at the highs


DIA - resistance from prior high

VIX - small range...breakout is very bearish


Tuesday, March 27, 2012

3/26 - bullish, too strong to understand

SPX - channel resistance but maybe just a new channel angle


DIA - best chart now in terms of timing the bounce


IWM - new highs...indicates bulls still in control and willing to buy outside of the bluechips


Friday, March 23, 2012

3/23 - pullback over or midway?

SPX - fall more? or more vertical channel?


DIA - here it shows that maybe the market is ready to buy already


Thursday, March 15, 2012

3/14 - very bullish but some bear sign

SPX - flag resistance but not strong



 IWM - resistance holds...possible bear scenario still alive

Tuesday, March 13, 2012

3/13 - back to stage 2

SPX - broke out...not bearish


IWM - at resistance but prob breakout


VIX - brokedown....no bears in sight


XLF - stage 3 breakout...huge!


Friday, March 9, 2012