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!