Stock Market technical analysis. All of my thoughts, trades and analysis are my opinions only. I am NOT responsible for any loss you may incur. These posts are NOT meant to be recommendations in the market. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Tuesday, April 3, 2012
Market Wrap Up: 4/03/2012
The market is behaving different these days. The market isn't advancing in a light volume environment and we are beginning to see sellers come into this market. Gold took a big hit today on the back of a stronger USD. A strong USD usually means a weaker market. My call for a top remains as it has since this market topped 5 trading days ago. I think we have a good chance at breaking the 20-MA on the daily chart tomorrow.
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