Lead Indicators Walmart (WMT) and Exxon Mobil (XOM, more than 3% of SPX's weighting is XOM, the most heavily weighted component) Have Bearish Charts, see WMT's Daily View candlestick chart one at http://stockcharts.com/charts/gallery.html?s=wmt (WMT's second Weekly View chart is very bearish also) and XOM's at http://stockcharts.com/charts/gallery.html?s=xom.
The five day WMT/XOM Lead Indicator charts correctly pointed to strength today 6-8-10, see http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=on&z=l&q=c&p=v&a=fs,p12,fs,w14&c=xom,wmt,^djusfn.
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