Monday 20 June 2011

Stock Market Forecast For Trading Week Of June 20th 2011


Jun 18, 2011 | 376 views
http://www.guerillastocktrading.com/stock-market/stock-ma... (CLICK HERE FOR THE FULL REPORT) The Dow, S&P 500, and Russell 2000 are all in weak downtrends. The Nasdaq is in a strong downtrend. So we have the Nasdaq following XLF (Financials) and leading the other major indices.

The Nasdaq also closed below the 200 day moving average for the last three consecutive days confirming the break.

So looking at all the major indices, the bears have a weak advantage over the bulls going into trading on Monday, June 20th, 2011.

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

No comments:

Post a Comment