Tuesday, June 16, 2009

Lunch Time Update

Out of my SSO long I played for a bounce today.  The 3 Tweezers tops at 928 weren't giving me good feelings. 
Added to FAZ after XLF broke its 20EMA, it have moved back above it right now(12:06) but it can't get above 12.20. 

DUG is still looking good hold since the 15.72 level.  $DJUSEN is below its 200EMA. XOM is down today too, so it could see additional weakness.

Enjoy lunch and beware of the CHOP!