Wk09: Market Forecast

1 Mar

News announcements for the week.
We have spent the last week chopping around between the 50% and 61.8% Fib levels. With the large hammer on the dailys as well as the bull flag consolidation this seems bullish, but we are looking for an S&P close above $1113 to confirm this or a close below $1093 to confirm bearishness.

One Response to “Wk09: Market Forecast”

  1. forex-cat March 5, 2010 at 3:18 pm #

    nice analysis!!
    Thank you.

    …(I'd be pleased if you exchange reciprocal link with me.)

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