Next week we should see a rebound Rally, Charts show the market will trend
Between 8,500 & 9000. The two points are resistance both to downside and upside. The market should trade in that range.
The market has been routed in a 3 day decline of nearly -400 points for djia.
The market is down from 9015 on djia to current 8,624. The mood should change to the positive with just 2 weeks left for BUSH and with a change to a stronger leader investor confidence will grow.
Stocks are all about investor confidence.
Strong leader = Investor confidence look forward to better decision making by its leader.
Strong Father = Disciplined & behaved children who don't want to dissappoint their father due to respect.