Sunday, February 28, 2010

Wk09: Market Forecast

News announcements for the week.

We have spent the last week chopping around between the 50% and 61.8% Fib levels. With the large hammer on the dailys as well as the bull flag consolidation this seems bullish, but we are looking for an S&P close above $1113 to confirm this or a close below $1093 to confirm bearishness.


1 comment:

  1. nice analysis!!
    Thank you.

    ...(I'd be pleased if you exchange reciprocal link with me.)

    ReplyDelete