The Dow closed up 59 points in a very narrow range day. Again, the short-term looks positive, the daily chart, but the longer term weekly one looks negative. This should put pressure on any upward movement over the next few days. On the other hand, we could still be in a sideways movement--only a few sessions will tell.
Monday, May 02, 2005
The Dow closed up 59 points in a very narrow range day. Again, the short-term looks positive, the daily chart, but the longer term weekly one looks negative. This should put pressure on any upward movement over the next few days. On the other hand, we could still be in a sideways movement--only a few sessions will tell.
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