|S&P 500 - EOW Analysis - End of Week Jan' 23-27, 2012|
This week's candle is a Doji. The combination of the last two candles remind one of a Bearish Doji Star (studied on the Nifty here), the channel in white is the one the S&P 500 follows now. Earlier channel is in blue.
The Month's targets remain relevant. Intra-month movement by the price into the red Channel is same as in Nov'11.