Home > Uncategorized > Follow up for the week 2009/11/14

Follow up for the week 2009/11/14

While we were out on holiday this week, the markets basically fulfilled our expectations after the relatively firm equity market bid in the wake of the previous Friday’s weakish US Employment report (for October.)

Yet, with the DJIA already up into its key 10,350-500 resistance and weak sister S&P 500 future remaining near the important 1,102-1,108 Gap (to the downside back in October 2008), it all remains very critical. Especially with quite a bit of further Fed-speak into next week, and the resumption of a much more robust US economic report release schedule.

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