Friday, March 27, 2009

Dow & S&P 500 market analysis for 03/27/2009 Friday

Dow & S&P 500 market analysis

Today, the market should be coming back down to test support at 810 and then 800. We are most probably going up to 850 only next week. It should be a flattish day today.


Direction for 03/27/2009 Friday: Downside consolidation


Crude Oil (USO)

Crude and USO will be trending down today to test support too. Support at 31 for USO and 52.6 for /CL. We will be seeing more upside next week.

Direction for 03/27/2009 Friday: Downside consolidation

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