Sunday, April 24, 2011

Trading Guideline for Monday

Weak US dollar overnight tonight, if it continues into the open will be bullish for the market on Monday. I will use 2373 as key Line-in-the-sand.
  • Below 2373 implies a pullback down to 2357, then 2340.
  • Above 2373 is bullish, targeting 2385, then 2400.