I could always be wrong, and the market react negatively on Monday due to the jobs number, but that is in contradiction to the futures/treasury markets.
Friday, April 2, 2010
Market Thought... re-visiting
My Market Thought has not changed, especially after seeing the private sector jobs number today. The SP500 looks to want to move towards the weekly 200/320SMAs, which is around 1220, or so previous SP500 patterns suggest, before the next major consolidation.
I could always be wrong, and the market react negatively on Monday due to the jobs number, but that is in contradiction to the futures/treasury markets.
I could always be wrong, and the market react negatively on Monday due to the jobs number, but that is in contradiction to the futures/treasury markets.
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Thanks Echo.
ReplyDeleteHappy Easter to you and your's!!