The markets started off the year on a bullish note
. Could this be setting the tone for 2010? We have some room to move higher before hitting some major resistance (prior support). The S&P was the strongest of the top line figures
in week 1, but all four indices moved higher. The VIX
has broke down to new 52-wk lows
and we are looking for volatility to remain low throughout 2010
(at least relative to 2009).