Market Talk / Jun 14th - 20th

[Spaf]

Market Talk
Sunday
June 14, 2009​

General Commentary:

Are we loosing steam, the S&P claimed only 6 points last week. It must be the summer where rising oil prices and talk about inflation slows the market to a grind.

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

Charts courtesy of www.StockCharts.com​

The S&P remains trading above the 50 day moving average, and the 200.

The Bollinger bands show a moderate volatility.

The SAR has remains to a bullish mode.

Volume has been on the lower side.

The STO is in overbought territory.

The MACD remains positive tracking between bullish and bearish..

Well, that's it for the weekend!​

Be careful out there!​