Market Forecast + Sector Watch: SPX, Nasdaq, USO, GLD, UUP, XLF, XME, BTK, INX2, SOX
Posted on August 10, 2008 at 23:11 PM EDT
from MyHappyTrading.com (by HappyTrading) Last weekend, I said,“The market is fighting to make this recovery stick. Nasdaq tested its daily upper BB last week and its 10-day MA has gone above the 30-day MA. The 20-day MA has turned up. SPX, on the other hand, is seeing the 10-day MA above the 20-day MA, but, was [...]