Wednesday, January 19, 2011

S&P 500 ~ Intraday Update 1 ~ 19 January 2011

The short term support line just broke:

We may test the 1278ish area now.

As said in my last post, I think the top will be a process which should take around five trading days. So, sideways around 1290 +/-10 all week long is likely imo.