Showing posts with label Market Outlook 2-24-11. Show all posts
Showing posts with label Market Outlook 2-24-11. Show all posts

Thursday, February 24, 2011

Financial Markets Update 02-25

I commence with my gratitude to The All-Knower

Yesterday I said that today, would be an Up-day. Although, markets did lot of swings moving up and down, but mostly they end up higher. DJ-Transportation, Nasdaq Composite, Russell-2000, all reversed, earlier losses into gain. If you consider how down were the market indices yesterday and some of them ended in green today.

Right now the Asian Markets are way up.

Financial Market Update 2-24

I commence with my gratitude to The All-Knower

Time Cycle came and due to it, Markets are trying hard to create a rally. Would they be able to stay up? Only tape will tell.

Break (and close on hourly chart) below of the yesterday's low shall restart the next leg down!!