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ETF Technical Market Analysis 1-28-2010

|Includes: DUG, IWM, QID, SCO, SH, SPDR S&P 500 Trust ETF (SPY), UUP

Markets sold off today and many of the potential candlestick pattern reversal we have been watching failed.  The Sea Lion Indicator produced many long signals on inverse ETFs and we opened positions on SH, QID, and DUG.  The US Dollar and UUP are breaking out.  See the charts in the link...

ETF Martket Technical Analysis Charts

Sea Lion Capital Management LLC


Disclosure: Long SH,DIG,SCO,QID