Weekly ETF Rewind: Up 1.1% and Still More Room to Run
Sunday, March 14th, 2010Jeff Pietsch submits:
Did I say the market looked extended last week? The S&P 500 finished the week higher by +1.1%, and equities have now put in their strongest continuous mark-up in years — take a look at that RSI chart below! As far as we have come, there is strong evidence that this move has even more room to run. Week Eleven of 2010 includes a heavier economic reporting calendar featuring an FOMC announcement, as follows:
Have a terrific weekend!
Author’s Disclosure: Never Investment Advice
