S&P 500 Weekly ChartIt seems that S&P 500 has broken out of it's channel. It is going to test the downtrend line where the resistance currently is at 1120. The other sectors all are very bullish indeed.
| USA | Monthly | Weekly | Daily |
| S&P500 | Up | Up | Up |
| DJI | Up | Up | Up |
| NasdaqComp | Up | Up | Up |
| DJ Transport | Up | Up | Up |
| DJ Utility | Up | Up | Up (+) |
| Russell 2000 | Up | Up | Up |
| AMEX Airline | Up | Up | Up |
| AMEX Biotech | Up | Up | Up |
| AMEX Gold Bugs | Up | Up | Up |
| AMEX Natural Gas | Up | Up | Up |
| AMEX Oil | Up | Up | Up |
| AMEX Security Broker | Up | Up | Up |
| AMEX Telco | Up | Up | Up |
| KBW Bank | Up | Up | Up |
| KBW Insurance | Up | Up | Up |
| PHLX Housing | Up | Up | Up |
| PHLX Semiconductor | Up | Up | Up |
| S&P Retail | Up | Up | Up |
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