Friday, April 01, 2005

Weekly DJIA through 28-Mar-2005


Although the Dow only closed down 38 points this week, the market indicators turned even weaker. The CCI indicator is just a hair over the zero line and the stochastics continued downward. Next week should tell if this will be a sustained downtrend or if this is just a correction and the market (and indicators) will move up again.

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