Friday, June 12, 2009

Morning Review 06/12/09




The market is remaining above the 929 support level. The Banking Sector for some reason is remaining strong relative to most of the market, while Technology is weak. The market so far is testing both sides of the VWAP line and the 0930 ET open. So the Banking, Health and Staples Sectors are lifting the market while Energy, Technology and Discretionary Sectors are dragging the market down, and we remain in a narrow range.
Charles

1 comment:

  1. The market is coiling and I am afraid with an upside breakout next week

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