Wednesday, April 04, 2007
Daily Market Commentary
Courtesy of Nirvana Systems
Updated Monday, 4/2 for Tuesday's market.
Winding Up...
Read More...
Courtesy of Nirvana Systems
Updated Monday, 4/2 for Tuesday's market.
| Key DOW Levels for 4/3 | |
| UP | Above 12,400 |
| DN | Below 12,225 |
Winding Up...
- Dow trades sideways within larger range, continues to wind ahead of potential move. The index closed the day near the session's highs for 28 points, but continues to wind up for a much bigger move ahead.
- The NASDAQ and S&P pushed slowly higher late in the day, but continue to build out within clear ranges. Watch for more range movement until a solid breakout occurs.
Summary
The Dow closed the day near the highs of the session after pushing slowly higher from the day's lows. The index continues to wind up within the clear consolidation range, which could spark big movement upon a break.
- The NASDAQ and S&P pushed slowly higher late in the day, but continue to build out within clear ranges. Watch for more range movement until a solid breakout occurs.
Summary
The Dow closed the day near the highs of the session after pushing slowly higher from the day's lows. The index continues to wind up within the clear consolidation range, which could spark big movement upon a break.
Read More...
