SOme setups on Trans (IYT), $SML (TNA), UNG, USO (UCO),

Morning... XLE XLB USO Green... very tight range today. Couple set ups to watch for

Spike on the wedge breakout, however stopped as it approached 951 old high, typical retracement?

SPX Wedge set up before the close here

SPX having trouble staying above 930 now

Another Gap open - Down this time 930 being tested on the open...daily SPX technicals show weekness, PPO MACD close to cross down

No move today - SPX 940 close - Ranges for Monday

Less than an hour to go - good set up here...trade the break (not going up on "good" news lately...hummmm)

SPX near lows of the day and breaking trend line 936

Whip it whip it good...all over today SPX - 3 at 938...watch trend line for support/breakdown

Gap higher being sold off... 945 now on SPX Bounced down from the old lower channel trend line

PM SPX - looking like a plus 951 Open on Jobs report - New highs - above 200 dma...ect

942 SPX Close - $SML new high - XLF USO leading - Ranges for Friday

Another sleepy day with upside bias - watch XLF for pattern break (Both ways) - UNG ugly bottom attempt off 8% lows today

Trying for SPX 940 - XLF USO leading today

Pop gap to 936 open , now testing 930 on the SPX

SPX Above 930 close - support here on covering and PPT buying with huge SPY vol last 30 min - love it!

200 DMA is 923

Big Energy dump SPX down 17 927 under 930 old high

Potential Bull Trap set - below 930 (old high and now res/support )- Next support 880 if we don't hold this

SPX down 1% gap down open..energy weak RSX, UNG XLE USO

Thoughts: Many ETF's broke through 200 DMA, typical retest down back to the 200 is normal/resonable. However, The RSI's have not confirmed these new rally highs Tuesday and typically have marked tops...watch rsi's / buy 200 dma tests with 5% stops maybe with a short hedge...this is a criticaL TIME HERE AND WE COULD HAVE TOPPED OUT OR WE MAY GO UP ANOTHER 30% ON THE SPX