Very big up trend day - Volume collected at higher and higher prices all day.
Be wary however - Home Sales and Consumer Credit due out tomorrow.
May be a drag on the positive earnings reports lately.
From the TradeMaven Software, Volume Weighted Pivot, Support and Resistance for
6 May:
Upcoming Reports
Wednesday
MBA Purchase Applications 7:00 ET
Productivity and Costs 8:30 ET
Pending Home Sales Index 10:00 ET
EIA Petroleum Status Report 10:30 ET
10-Year Note Auction 1:00ET
Consumer Credit 3:00 ET
Thursday
BOE Announcement 7:00 ET
ECB Announcement 7:45 ET
Jobless Claims 8:30 ET
Wholesale Trade 10:00 ET
EIA Natural Gas Report 10:30 ET
3-Month Bill Announcement 11:00ET
6-Month Bill Announcement 11:00ET
30-Year Bond Auction 1:00ET
Money Supply 4:30 ET
Friday
International Trade 8:30 ET
RBC CASH Index 9:00 ET
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