Sunday, July 01, 2007
June 29, 2007 Market Recap
The DOW continues in the triangle that is forming. It will be interesting to see which way it goes. It will stay in the consolidation phase probably for the next week. The high and low are about the same.
The same thing goes with the S&P.
The Nasdaq is not showing the consolidation like the other. It appeared it may be higher on Friday. We will see if it makes a higher high and then redraw the trendline.
The Russell 2000 is showing weakness. Notice how the bulls are not making newer highs.
The next couple of days, hopefully I will be able to add more to the post.
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