Facts on Five

Click charts to ENLARGE.

In addition to the hospital work, I've been busy in the garden today and trying to complete the greenhouse construction, with some engineering assistance from my better half, the Rocket Scientist.

So let's check out FIVE charts, including Bollinger Bands, 20 and 50 period moving averages, and some MACD (3,10,16) assistance.
The small (daily) version of the SPY shows lower highs and lower lows. Price does make a higher 'relative' low to the lower band. MACD histogram and lines are below the zero line.
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FXI (Xinhua 25)...lower highs and higher lows (a triangle forming 'M' pattern). Price between the 20 and 50 period averages. MACD below zero.
____________________________________________________Oil Holders (OIH)...down channel, price below the 20 and 50 period averages. Gap down six sessions ago. More weakness or gap fillage?
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Silver (SLV) ETF. They've been selling rallies and so far NOTHING to encourage bottom feeders.
________________________________________________________Volatility Index (VIX)...short-term spike top, we'll see how it handles the 20 period average. The recent overall shape is that of a broadening horn, with high highs and lower lows. Not betting on that to continue.

Good trading and great risk management.

Educational use only. Never intended as investment advice.