Saturday, April 18, 2009

End-of-Day Review 04/17/09



After the European close and while Bernanke was speaking, the Discretionary - Technology Stocks turned bullish, and the Financials started leading the broader market higher.



After 1230 ET, the market tested the VWAP line and advanced to higher highs. Once the market broke the 0930 ET Open resistance, this line became support.




Charles

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