Mike Paulenoff notices that the price structure of ProShares UltraShort DJIA ETF (DXD) appears to be about to lift off of the neckline breakout plateau.

Mike Paulenoff's charts indicate that the big caps will continue to outperform small caps by another 20% before current "adjustment" runs its course.

The U.S. Natural Gas Fund (UNG) abruptly reversed to the downside with some power in what Mike Paulenoff's work is telling him is the conclusion of the first upleg off of the December 27 low.

Mike Paulenoff looks at a comparison chart between the Energy Select SPDR ETF (XLE) and the Proshares UltraShort Oil & Gas ETF (DUG).

Mike Paulenoff's pattern work is telling him that the QQQQ is very close to one of those sustainable recovery rally efforts.

Underlying momentum gauges argue that the weakness in the Lehman 20-Year T-Bond ETF (TLT) is corrective, which should resolve to the upside and propel prices towards a test of the prior high at 96.36.

With the "umph" behind the QQQQ appearing to be missing, Mike Paulenoff continues to look for another loop to the downside that retests and likely breaks this morning's low.

Although the U.S. Natural Gas Fund ETF (UNG) was very overbought and in need of a pullback, Mike Paulenoff views the fact that today's "rest" is so shallow as a very bullish technical sign.

Mike Paulenoff notices that the U.S. Natural Gas Fund (UNG) has started the year with a powerful up-gap open, and has continued still higher, towards a confrontation with the declining 50 DMA.

The streetTracks GOLD ETF (GLD) gapped up this morning and has pushed up through its November-December resistance line.