Don't Ignore This Chart!

A mixed up market in 2010

The sector SPDR perchart reflects a mix market (at best) for 2010. The S&P 500 is down around 2.46% since January 6th. Of the nine sectors, only three are up (consumer discretionary, industrials and consumer staples. The other six sectors are down with technology and materials shows relative weakness.

100222sectors Click this chart for details
Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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