SPX 60-min chart:  I
think it has overshot the target at 1162~1163. Over the short term it
should go up. But the upside room is limited. Wait to load more short
position. It is pointless to chase long in a bear market.
Look at the big picture -- the daily chart of SDS/DXD/QID/EEV/FXP --
daily chart of whatever bear market ETF! XLF 60-min chart:  Prepare to trade UYG, or to load SKF at a reasonable price. QQQQ is not so interesting, the chart looks ugly. ------- SSCC 60-min chart:  Stopped out. Watch for a few more days before kicking it out of the watch list. TAN (Claymore / MAC Global Solar Energy Index ETF) 60-min:  It still looks bullish. |