Market Analysis For October 9, 2009
Monday, October 12th, 2009 at
5:36 am
By John Pisanchik
This week the market had up days each day of the week. However, it did not break through the high of Sept 23. That high was 1080.15 on the S&P Cash Index. Because of where the market closed on Friday, we are very close to that high. It must deal with that level on Monday. If the the level holds, we are looking at a trading range being formed. If it breaks to the upside, than the rally should continue. Happy Trading.
Filed under: Market Opinions
Like this post? Subscribe to my RSS feed and get loads more!
Leave a Reply