Stocks Continued To Crawl Through This Quiet Week

FUNDAMENTAL ANALYSIS
The Dow ended marginally higher today by 22.44 points as market action continues to be weak into this quiet week without any major releases. In fact, this is best regarded as a sideways day as it closed well within yesterday's tight trading range. Fundamentals can't tell us much today... let look at the technicals.

TECHNICAL ANALYSIS
Well well, more evidence that the Dow has regained its staircase formation as it makes yet another sideways day. This is going to be so classic and we should see another big up day by tomorrow or the day after to really confirm the staircase formation. Short term stochastics has just barely entered short term overbought region, suggesting still more room to upside. Bullish momentum is also growing steadily. The next 2 days will be critical.


Technical Analysis Chart By TeleChart2007!