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The latest from the
IndexHunter session 09/15/2009 DIA - weekly still not breaking down or showing any weakness. ICE - has close to a triple bottom but each bottom on the indicator is higher. OIH - indicator is ahead of the price. USO - daily MACD remains at a high level even though price is staying flat. XAL - one of the strongest indexes, weekly MACD was ahead of the price. XHB - once the daily turns the price should make higher highs. ISLE - monthly is up, weekly needs to stabilize, which will happen once the daily turns. UPS - easily go through 60 barring any short term interruptions.
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