Tuesday, January 5, 2010

Index Data

closing values for Tuesday, January 5, 2010:

Trend & Value 50:

1057.40 (up .06%)

Foreign Blend:

7324 (up 19 pts)

China Small Cap ADR 25:

1110.62 (up 2.31%)

Large Cap Dividend Top 50:

1059.84 (down .30%)

Precious Metals Complex:

4844 (up .67%)

General Liquidity:

1039.35 (up .35%)

BRIC Basic Materials:

1073.95 (up 2.12%)

Wonder Dogs:

416.57 (up .40%)

Leaders of the Pack:

854.39 (up .38%)

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mostly a follow through on yesterday's big moves. the General Liquidity index is at a slight new high here, but it's up 28 points in just the last couple weeks, so a pullback, if not a complete trend change, looks doable. support in the 1020s is my best guess for the near-term. beyond that we'll just have to see what kind of leadership develops. intermediate trend can still be viewed as sideways, as far as I'm concerned.