00A DIA One-minute
9/15 -- Another day in the one-minute downtrends. IWM and QQQ actually steepened their downslopes before a minor bounce while DIA outperformed only because of special situations. Meanwhile 30 minute charts are weakening and more sectors are actually breaking. The Fed will likely waffle on interest rates, will could also take some air out of the bullish balloon. Don't stand in the way of distribution -- the momentum indicators still point down.
9/13 - Getting very choppy, but the major ETFs are at or near the lower lines on their one-minute trends (which are mostly down). That could set up a bounce early this coming week. Commodities are approaching long term support lines also, if you are game. But VIX is rising and momentum says we're not through on the downside.
The full Weekly Commentary is updated at www.RHLcapital.com
9/9 pm -- How about a 6.5% intraday swing in AAPL today for some volatility?? Equities are rolling over and beginning to break, folks -- both here and abroad. Be very careful here! It may or may not be a deep correction, but it needs to run its course.
9/9 am -- MANY charts now rolling over and momentum heading down. Seeing plenty of reasons to stand aside or be short here.
9/4 -- Another intraday reversal! And IWM has a clear head and shoulders pattern on the one minute chart. VIX poised to rise. T-Bonds reversed. Brace for fall!!!
00B SPY 1-minute
00C IWM - 1 min
00C QQQ - 1 min
00D Volatility Index 1-min
01A DIA - 30 min
01B - DIA one-year
02A SPY - 30-min
02B SPY - Daily one-year
03A QQQ - 30 min