Sunday, March 30, 2008

For Monday

Expect the downward trend to continue - Headlines still shows the economy is mired in quicksand and The Fed is looking to overhaul the market regulation - but that is another can of worms.

For now expect the volume to follow the short side. Sell the rallies.

Best
Josh


From the TradeMaven Software, Pivot, Support and Resistance Numbers for 31 Mar:


Upcoming Reports:
Monday
NAPM-Chicago 9:45 ET

Tuesday
ISM Mfg Index 10:00 ET
Construction Spending 10:00 ET

Wednesday
MBA Purchase Applications 7:00 ET
Challenger Job-Cut Report 7:30 ET
ADP Employment Report 8:15 ET

Thursday
Jobless Claims 8:30 ET
EIA Natural Gas Report 10:30 ET

Friday
Employment Situation 8:30 ET