Monday, November 23, 2009

Market Update

image EUR/USD daily.  It’s due for a pullback.

image SPX hourly.  In consolidation and may breakout at the upside.

image Sector overview.  Techs and Industrials are very bullish, so is the market outlook.

image XLF hourly.  Looking forward to upside breakout.

image FAZ hourly.

image EWZ daily (negative divergence, may pullback)image EWZ hourly

image Crude oil.  looking for more pullback in short term and more upside.