Tuesday, August 17, 2010

potential SPY/ IWM short term long

Friday, February 12, 2010

Potential XLF squeeze


Im encouraged by the buying happening after the steep morning drop and then general churn happening over last week without the bottom falling out.
I think there is a good chance of a pop next week
its also OPEX

as of 330pm
but we are printing a hollow reversal candle
selling volume not super heavy on the ETF's
VIX and SPY are also both down

green vertical lines indicate other reversal candles on low vol.