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Today's technical outlook: Market top could have bulls scrambling

 Apr 07, 2009 02:30 PM UTC
Return Risk
+2.57% LOW
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Symbol Sentiment Start Return Closed
SDS Positive 04/07/09 -51.54% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: ETF Investing, Technical Analysis, S and P 500, DJIA, Stocks to Buy

Today's technical outlookMonday was a day of crosscurrents and even though late buying recovered some of the earlier losses, it was the first loss in five days -- leaving the bulls wondering if the buying had reached its apex.


The Dow dropped below 8,000 yesterday, but that might not be as significant as the overdone internal indicators on all of the major indices. These indicators tell us when markets are overbought or oversold based on historically relevant studies.

Continue reading Today's technical outlook: Market top could have bulls scrambling

Today's technical outlook: Market top could have bulls scrambling originally appeared on BloggingStocks on Tue, 07 Apr 2009 09:30:00 EST. Please see our terms for use of feeds.

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