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The last year has been like a rollercoaster ride for stock market, as the 9 major sectors have bounced from phenomenal lows to close with massive yearly gains. The major indices have also presented investors with wild moves as a housing crisis led to a massive drop on wall street, which then quickly bounced back.
From a technical point of view, the technology sector has led the way higher over the last 9 months, while others have managed to bounce only towards the end of the this massive rally.
What will 2010 have in store?
This week should be characterized by minor movement as many market participants are taking a break from the fast paced action. While many are expecting major movement next week, the dodjit team still feels that there are some important technical levels that must be taken into consideration, esspecially as the charts are still presenting bullish patterns.
* All of the following charts are weekly charts
* Technical comments are on the charts
Materials
Healthcare
Consumer staples
Consumer Discretionary
Energy
Financial
Industrial
Technology
Utilities
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