20090306

The week closed with impressive gain +5.80%. Today's session was also quite optimistic:



Nevertheless, still not much can be told about the market. The downtrend stays intact and this week's rally can be only qualified as a correction for now.

The US Indexes have made lower lows and the long-term sell signal has been generated (here or here).

Sources:
[http://seekingalpha.com/article/124518-the-dow-an-historical-perspective]
[http://seekingalpha.com/article/124447-s-p-index-weakness-unusually-broad]