S&P 500 will move lower as Oil moves up this week

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Subject Author Date
S&P 500 will move lower as Oil moves up this week TGallo 09-09-2006
Posted by TGallo on September 9, 2006, 8:12 am
Commentary: (September 09, 2006)

S&P 500 has stochastics and MACD in bearish postions. S&P 500 will move
lower this week as the next support level is at 1,280.
http://www.zillionoptions.com/Technical_analysis_SPX500.html

Commentary: (September 09, 2006)

Oil has stochastics in an oversold position, while MACD is in territory
not
seen for a long time. Oil should move higher this week as we have the
support line extending back to middle of April 2006.
http://www.zillionoptions.com/Technical_analysis_Oil.html


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