Wednesday, April 27, 2011

Daily Dow Jones Indicates Bulls Are Not Giving Up Yet As Index Cuts Above Upper Bollinger Band, 27-04-2011

Wall Street outlook: Dow Jones reaches 3-year high on earnings boost.
Strong earnings from IBM, 3M, Ford and UPS offset negative reports on Coca-cola and Feb’s home prices.

Sentiment was further boosted by the encouraging April consumer confidence index

The Fed press meeting is going to be the event of the day, offering both a fresh assessment of where the Fed sees the economy currently and an update on its plans to slowly exit from the extraordinarily easy policies since 2008.

Daily Dow Jones Indicates Bulls Are Not Giving Up Yet As Index Cuts Above Upper Bollinger Band.
DowJones27-04-2011


Source: StockCharts.com

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