Friday, April 21, 2006

 
Daily Market Commentary

Updated Thursday, 4/20 for Friday's market.

Key DOW Levels for 4/21

UP

Above 11,400

DN

Below 11,300

Upside Break & Run
- Dow breaks consolidation to upside, rallies to six year highs.
- NASDAQ and S&P each pushed higher alongside the Dow today, but look to be 'topping out' more so than the blue chip index. Possible head-and-shoulders patterns are forming, which could orchestrate a big reversal. Read More...

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