Stock Market Analysis – 06-11-2009
June 11, 2009 at 11:19 pm · Filed Under Broader Market
Poking its head slightly over the resistance led to a pummeling that kept the market in the same consolidation range. Forming a nice base here would be good for the bulls, but the lack of one doesn’t seem to have hurt the rise to this point. Tomorrow should be interesting to see if the selloff continues or if the bulls regain momentum. My gut says we still need some sort of correction, but my head says to stick with the bulls till the bears show they mean business.
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