Sunday, March 02, 2008
Market for Monday
Ok, Stochastics totally indicate that the SPX is down on Monday. MACD supports this also. Volume was average on Friday during the drop. More specific XOM also looks down. Support is about $84.60. The next support is at $82.20. CVX hit support around $83.00. SWC has taken off with strong volume supporting it. Stochastics show it as over bought but the Moving Averages are still both pointing up.
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