Monday, March 26, 2007
Daily Market Commentary
Courtesy of Nirvana Systems
Updated Friday, 3/23 for Monday's market.
Holding Gains...
Read More...
Courtesy of Nirvana Systems
Updated Friday, 3/23 for Monday's market.
| Key DOW Levels for 3/26 | |
| UP | Above 12,525 |
| DN | Below 12,400 |
Holding Gains...
- Dow maintains stance within tight consolidation, holds at overall highs. The index closed with a 20 point gain and continues to hold near the overall highs of the latest rally that began at 11,950.
- The NASDAQ and S&P each traded quietly sideways throughout the day and continue to build out their respective ranges. Look for more consolidating behavior ahead of the next move.
Summary
The Dow continues to consolidate at highs above major resistance, which is bullish. Look for more range development ahead of the next key breakout move.
- The NASDAQ and S&P each traded quietly sideways throughout the day and continue to build out their respective ranges. Look for more consolidating behavior ahead of the next move.
Summary
The Dow continues to consolidate at highs above major resistance, which is bullish. Look for more range development ahead of the next key breakout move.
Read More...
