Market Talk / Apr. 19th - 25th

[Spaf]

Market Talk
Sunday Edition
April 19, 2009​

General Commentary:

Well, last week was not very enthusiastic, the S&P 500 did advance, 13.04 whole points. Yet, in looking at the glass half full, the market seems to be holding it's own. Lets hope that pirates don't board the ship!...:suspicious:

A look at the chart(s)
The S&P500 [$SPX] Dailey
Large Caps

Charts courtesy of www.StockCharts.com​

The trading channel remains in place with pricing above the 50 dma.

The Bollinger bands are holding a moderate to low volatility.

The SAR remains in a bullish mode.

Volume has been quite good.

The STO is in over-bought areas; at 91.21.

The MACD is still running a positive / bullish.

Well, that's it for the weekend!​

Be careful out there!​