Today’s pre-market forecast and mid-week review. Market bouncing off the 20 sma on the daily. Clearly marked consolidation range could potentially dictate the market activity in the coming days.
- Job numbers up and unemployment rate lower than expected continue to full the markets bull rally.
- Bullish rally continues as investors see the light at the end of the tunnel.
- Market remains above 200 sma on strong volume.
- Some heavy news items today and expected profit taking creating for mixed environment.
- Technically market showing much strength. 80/20 bullish cross over, close at the 200 sma….
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