A Quick Look Underneath

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You may have noticed that yesterday many of the markets across the board started out rising higher, but ended up selling off.  Lets take a look and see if it means anything at all...

SPX March 13 -  It reversed at resistance.

SPX 4-13

That in itself doesnt mean too much, but take a look at this ...

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So Many Set Ups

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I cannot believe how many beautiful chart set ups keep popping up for traders in the markets. I've mentioned STEEL stocks, Energy, Tech, and really even some of the Miners have been setting up rather interestingly.  Are all systems go? Lets turn to the 38 charts for more information...

SPX- Still wants to run higher

SPX 4-10

And since the week has ended, here is the NASDAQ WEEKLY CHART...

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CHINA

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Yesterday it seemed like anything China was the place to be. Many Chinese stocks started to really POP, but does that mean we should jump on board and be buyers at this point?   Lets look at a few charts ...

FXI- I am looking for a reversal or another gap higher  (3 gap play?)

FXI

Other Chinese ETFs look similar,  this is  CHII -

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