Folks who trust the fake financial news, over the charts, are probably starting to believe we're in a bear market, but the market is still trading in the same pattern as is did though most of last year, and the trend remains bullish.
$SPX - 15 min. Chart - located in the public charts area.
This very short term chart isn't even broken. Even If we see another little washout this morning; watch for a sudden reversal, and support at the 4400 level.
$COMPQ - NASDAQ - Even the NASDAQ is trading in the same topping pattern - an upturned broadening triangle
Continue to watch the NASDAQ $VIX targets I laid out on Friday, as well as the $VIX 28 level.
After calling the bottom, going into Friday's close, I stand by that call, even in the face of market futures once again, rolling over into the red, overnight.
Energy and oil
$XOP down 10% last week, while Oil was held up into monthly OPEX (rigged)
I like $SOX at the 200 day ma
Take Care, AA
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