Thursday, May 01, 2008


The market made it back to critical resistance on Thursday. Both the Dow and NASDAQ have punched through their downtrend lines, but the SPX is parked right on the line.

Friday's jobs number is the likely catalyst for short-term action -- up or down. The market looks prepped to handle a shaky number, but we'll see.

The dk Report charts have been updated, and will continue to stay current.

Good luck trading.



Image Hosted by

No comments: