My friend Brandt from TRADE GUILD just posted The Case For a Bounce with multiple charts based on his very own 3c indicator. Silly me - looking at the charts while vacationing - I'd like to reinforce his point of view using "my indicators".
I think SPY, DIA, XLF are about to bounce and since IWM and QQQQ only show "bounce signals" on a daily chart - I believe that "bounce" will be attributed mostly to financials.
Just to prove the point I'm posting charts of inverse ETFs as well ( as Brandt did ) and as you probably figured out already, since those are inverse - and red bars are sell signals - for "regular ETFs" that implies BUY-BUY-BUY
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8JvdikBkZMlzFaHl3ORQClBc6e6RQB2wtZlpOq94j3mGhmX4Si7ClTuhCSB_j8gUHDCMc6tygU2gfOGCaUQ91o1drgg9Odvzts80Vs-8Ts6pcVEhAeLPoDiSzXEVn4FboMAsk/s320/Chart+of+DXD.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKIaDwIP9x2QyXCFjkO2OXzkfbU_li76ccvUfml3TN5ozlNWDRM0z3pRHHzRbu0YIyM8B3_j0Zl3nbrpKxYXu9n6TYaTylBToLV8SR8Uj5GXISfXCoTptuvgdsSV5iVFVvfsfr/s320/Chart+of+QID.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFzoGGD1_zkdAQV28dfdHwVdspFXwltRhR6hL8SoJL0wdGAlBPf-CfTuU2msO570mmyblARybYlfnv5s05QoN8-VXykaFCvT46XKAdcfmKEEpreESXBkdpRnJZfSEuPMoZI_Rw/s320/Chart+of+SDS.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjB25xv32PW-YeN4JAIssTmvNGsGfBi2bRvA0cM5FUqZoVFXqLnGQP765fsQIZaYTifefkrZDXAsIeYbh9ilSuSMTH1UeL4Y__PZwP5e9HZ4I-Opdr2Ermuyos9H-4Cr0bovAY0/s320/Chart+of+SKF.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgnrisH1XhP8k-aN3VAKOFjabKixBNEI9zzWAgysviT21HoJr-VgW2qFZ0sliBvHA7UTdfpZaqITk5_rRIZbofKP_LcuL6MgrNnVjH9U9gh_2ly9YnHLtuZcUj4JSxIpXQ2y04m/s320/Chart+of+TWM.gif)
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