Market Update

It was an excellent day on the markets yesterday the S&P-500, DJ-30 and even the Dow Jones Transports have made new highs.  All the stock research you have been doing can now be put into action, we can classify most of the US markets as resuming an uptrend.  Of course always beware that this could change at the drop of a hat.  We are still in a jittery market, but yesterday the bulls won and pushed the indexes to new highs on slightly increasing volume.  Jesse Livermore always referred to “Pivot Points” in his Stock Analysis and the important pivot points that prices need to hold above are S&P500 1100, DJ-20 4040, DJ-30 ´10246.

Have fun and may the trade be with you.

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