Daily Market Comments 22 June 06 by MastersoEquity.com

Well well, what a pleasant surprise. Markets were up yesterday with significant strength and breadth. DJIA was up 0.95% and NASDAQ was up an impressive 1.62%. In a single day, NASDAQ has recovered its losses for the week and DJIA moved on upwards to make a new 2 weeks high. Technically, we see that both indexes have definitely found its bottom. The only question that remains is whether they will continue to rally from here or will they linger around this point for a while?