DOW Yearly and S&P monthlyExpectation that the DOW is moving back towards 9124, (Yearly 50% level) which will be seen as support in 2010, but will need to be verified with a 5-day high breakout thereafter and a swing back towards the 3-month 50% levels.
S&P 500:- Drive down into June's lows has the July lows pushing lower, with the likely target 969 (Yearly 50%)
Once again support will need to be verified with a 5-day high breakout (above the 3-Week 50% level for a swing back towards the 3-month 50% levels @ 1099.
And likely consolidation for the rest of the Quarter.
