This Week - Monday March 22th - Current Market Analysis
Markets Continue Sell-off, Higher Oil Prices Partly To Blame
The markets cycled down last week based on normal technicals, the drop exacerbated by the price of crude oil. As you can see from the weekly charts the markets breached their uptrending support lines.
The DOW has near-term SUPPORT at 10,575. The S&P at 1,180. The Nasdaq next level of support is 1,985.
Although diverging somewhat, all 3 markets are above their 200-Day moving.
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If you have any questions about our software, please email us. And if you are completely not interested, just email us with "no thanks" in the subject line. Thank you. Received on Tue Mar 22 2005 - 12:58:34 MET
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