Market Review – Week ending 4/17/09

By James | April 18, 2009

The Dow Jones Industrial Average is up for the sixth week in a row Cheap Levitra buy amoxicillin generic and is has officially completed its touch of the 21-week moving average level and the 8,200 level I was looking for last week buy buy cialis clomid for men buy propecia for less target=”_blank”>here.  It actually reached 8,190 this week but pulled back slightly to close at 8,130, about 49 points higher than last week’s closing price.

So now that generic kamagra the touch is complete we are long overdue for a correction.  As  I mentioned a cheap amoxil target=”_blank”>few weeks ago there is heavy resistance in this 8k area.  Take a look at the chart below.

Dow Jones Industrial Weekly Bar Chart

Notice that buy cialis generic the market has moved up to actually touch the white line which is the 21-week moving average.

For the upcoming week I am looking for a correction to occur as we have gone straight up from the lows.  I do not foresee another up week but the market cytotec asthma wants what the market wants.

Be careful out there.

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Topics: Charts, simple market timing, Trading | No Comments »

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