Thursday, January 7, 2010

Boring

One thing to note the market is still showing no signs of volatility to trade. Although a few stocks are performing the indexes themselves are doing nothing. Seem many are sitting on the sidelines again, remember Goldman said December trading was terrible volume wise.

Target

Just popping in before I travel later today. Target on this head and shoulder pattern on the S&P is 1124. Keep an eye on that number as it should be target and bounce area if bulls are not weak here. I also got a minor reflect number @ 1127.