Monday, November 30, 2009

S&P500 Weekly Forecast (Nov,10th,09)

We finished the last week in red as I expected, but it was not what I'd like to see. We moved up all week and we got the reversal on Friday.

Anyway we could move higher on Monday but S&P500 should finish the week in red. On the other hand if S&P500 moves above 1106 it will shoot for 1120-1125.
Lets see what is going to play out.