Market Preview: 06-01-09 Tuesday

MARKETS
$compx: straight line trend since Tuesday 1/3, vulnerable to short-term correction. buy dips unless Monday's lows get taken out. dip indicated by drop into 50percentile range of hourly %K stochastic.

$compx > 10d av
$compx > 25d av

SECTORS
weaker: $xau
stronger: $sox, $iix, eem, $btk

outerformance of xlk vis-a-vis xle brewing.
mind the stops.