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The latest from the IndexHunter session 07/14/2009

SPY -   Daily still had weakness, but hourly caused the reversal.

DIA  - daily turning, but no divergence, weekly and monthly still weak, for longer-term traders, don't have a strong re-entry for calls.  For short-term trading, hourly divergence shows an absolute upside turn during expiration week.

XHB - strong upside on monthly. Daily has flat bottom on the MACD with price showing new low
.

TXX - has some pretty decent upside strength, monthly still moving up, price and MACD up higher.

UNG - monthly weak, weekly above the signal line, showing some strength.