Wednesday, April 9, 2008

PreMarket Review - 04/09/08



So far, the S&P 500 Index is refusing to correct below the 04/03/08 pivot low of 1358.68. It is currently in the happy zone of 1386.74 - 1358.68.




April is proving to be the best month of 2008 for the S&P 500 Index. The Index is currently sitting right at the 2008 Pivot of 1367.76 and above the April Pivot, which, up to now, is the first monthly pivot to be higher than the previous month's pivot in 2008.
Charles

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