Another unch day? Some charts to look at over the weekend...USO wow, TLT , LCC, UNG, USO:UNG pair, ect

B oring, SPX little setup 2 hours before the close..

"Clunkers Programs gets $2 billion more...(ah the US, a new car in every pot....)

ACM possible breakout trade $38 ISH ALLTIME HIGH

THe USO UNG pair trade is rocking ...looks like a break out but the RSI may not confirm yet another new high - trend trade

TLT (3X on yields) at trend line

NOTE: IBM within 10 pts of an all time high (?!?!?!)

667 to 997 todays high which technically may hold as the high, we'll see because the SPX weekly 10 ema is screaming to a cross of the 40 ema.

It would take a monster reversal to turn down the 10 EMA from here. we got a huge(?) AM pop then back in the trading range!

20 YR TBOND TLT trying to turn today...

Looks Like A Top here or very close to it

China closes down 5% last night..we held up pretty good down 0.5%. UNG USO $SML SPX Charts below. USO looks like deep poopie -6% today

Looks like we are in distribution or accumulation sideways moves here. Notice $SML Monthly below and a close to cross EMA's which would signal more upside (watch)

I will not be posting INTRADAY Updates unless they impact trend trades. Updates on Index and Sector ETF from today on will be based on a daily basis

Digesting the 15% rally or distribution..EMA's look good on the IWM (S&P 600 ETF - $SML - TNA). Another tight range and 3rd day of sideways movement

769 was all they could sell it, 981 spike now reversed to 977...power failure here for the last 2 hours...

Sharp correction in energy, lots breaking down hard ie XLE UNG XLB

10AM: testing the same RSI support again

No breakdown just opening headfake...Note on the weekly the IWM 10 40 EMA cross if we close here or higher.(a TNA play).DOW and SPX are close to cross

SPX 60 min rsi breaks down if we stay down here 976 open

982 close new closing high on last second rally. Thanks Payne Webber, I mean GS. I would say a melt up is posible if we get over 1050..see Daily chart

Zzzzzzzz....979, XLF XHB doing well, NVAX DRYS SQNM BZH SPF HOV WNR up and active

SPX showing some weakness on rsi and trend lines here

SPX basically unch...sleepy, for how long

XLF XHB leading today up 1 and 2.4%

978 - on bounce from 972 - RSI problems on the 15 min and 60 min if we go green

982 new highs..I figure 995 top end today if it wants to press the wedge