Marcos Weekly Sentiment Poll (4/30-5/4) - Page 2

ok so i finally got a chance to look through some of the charts this weekend (will try to post them in my journal later today)... i gotta tell ya a lot of what i'm seeing is that we are sitting right on major resistance (daily/weekly/monthly) on just about all of the major indices. but most importantly on the monthlies i'm seeing tweezer tops everywhere... and the russell2k (which i look at as the leading indicator) is the weakest of the bunch making lower highs and lower lows on it's monthly. and it's weekly ain't looking too great either, looks like a h&s is in the making. i think we're gonna need a real significant pop next week to cancel out some of these bearish chart patterns that i am seeing. only does the naz look the best of 'em all with a bullish engulfing pattern to end this week. but even that is coming up on some big resistance. the same thing on the djia but i don't really count the dow b/c quite frankly i don't really care much for the dow. 

anyway, i could see us going up early in the week and slightly making new yearly highs but then falling right back down to end the week. another thing is that we are entering the weakest part of the year now... but anyhow as far as this week's poll is concerned, i'm going with-