20090402

Today's rally was more than impressive:



Record high volume (second only to 16th Jan) and big price gain (+5.97%) are encouraging.

Nevertheless, from technical point of view, not much have changed in general situation - the medium-term (daily) buy signal would be generated above 25700.

Nevertheless, today's results look impressive:



Today's term of day from Investopedia - sucker rally. Hopefully not, but always mind to follow proper money management principles.

Brian's video for today.

There are some initial news from G20 economic summit in London (here or here).

Sources:
[http://www.marketwatch.com/news/story/Sarkozy-Merkel-praise-Obamas-G20/story.aspx?guid={F16448A6-C6EC-473E-B94E-35574FFE18C0}]
[http://online.wsj.com/article/SB123868021679482457.html]
[http://www.investopedia.com/terms/s/sucker-rally.asp]