Update charts - 01-05-2010

Next week my guess is that will be a down week. S&P500 is doing a pattern similar to the one in January that lead to a good correction. Nasdaq100 has we can see on the chart, is doing a nice H&S formation, that has a target on 1940. But, i think we will see much lower levels, due to the extreme crazyness on the market participants, extremely bullish with such a mess all around. Seasonaly we have sell in may and go away... Nothing helps this bull, tired bull, supported by lies and printing presses.

Have a nice weekend.

Support 35% lower... Ups.

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