the market that is. A lot of news this week ........ Check out the chart and draw your own conclusions.

The Banksters still in an uptrend:


The Speculators show a mixed bag ...... interesting:


The Investors still in an UPTREND .... now in Doji_ville.

The market is interesting or not interesting. It's personal perspective. Is it the dog days of summer


or the Election:

The Banksters: XLF is just sitting there at 15 for 5 days straight. Interesting?


Big Tech: XLK is having a nice run. That's interesting. No?


The Speculators: Caught in a Range? Interesting? Yes?


And what about the Investors?

5 days of grinding sideways on lower volume.

According to the criteria of this thread: If XLF breaks above L1 the bull is back; below the 50MA and L1 the bear is out of the cage.

the market follows the financials ............... "break point"

do we break?

every day is a new day!

the S&P 500 will not turn up until the financials do. And a break of the 200 MA = look out below ...........

Special Feature: Utilities ETF - XLU



There is only one reason for the Utilities to hit the skids: investors are bailing on dividend stocks because of the future from Washington DC.

Bonus Feature: Metals & Miners - XME



It looks like XME was doing pretty good, but it broke down from the wedge or triangle. retest?

Bonus Feature: Big Tech ETF - XLK



If XLK doesn't stay OS than maybe a double bottom before a reflex rally.