S&P 500 Daily ChartS&P 500: Seems like it is now testing the resistance turned support that it has broken 2 weeks ago. Trend is still up.
DJI Daily ChartDJI: Different case for DJI. Still no success in breaking the upper resistance line. Now, just a few points above the uptrend support line. Trend is still up.
Nasdaq Composite Daily ChartNasdaq Composite: The movement for this index has the same pattern as the S&P 500. Support is at around 2260.
The summary for the rest:
| USA | Monthly | Weekly | Daily |
| S&P500 | Up | Up | Up |
| DJI | Up | Up | Up |
| NasdaqComp | Up | Up | Neutral (-) |
| DJ Transport | Up | Up | Up |
| DJ Utility | Up | Up | Neutral |
| Russell 2000 | Up | Up | Up |
| AMEX Airline | Up | Up | Up |
| AMEX Biotech | Up | Up | Up |
| AMEX Gold Bugs | Up | Neutral (-) | Neutral |
| AMEX Natural Gas | Up | Up | Neutral (-) |
| AMEX Oil | Up | Up | Neutral (-) |
| AMEX Security Broker | Up | Up | Neutral (-) |
| AMEX Telco | Up | Up | Neutral |
| KBW Bank | Up | Up | Up |
| KBW Insurance | Up | Up | Up |
| PHLX Housing | Up | Up | Up |
| PHLX Semiconductor | Up | Up | Neutral (-) |
| S&P Retail | Up | Up | Neutral (-) |
You can see that there were a lot of correction last week. Commodity play is still under correction.
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