Monday, April 13, 2009

Intraday Market April 13, 2009

Dow onto new highs ... maybe??? Or Maybe not!!!

Why didn't the Transports confirm the lastest rally with a new high like the Dow, S&P 500 and the NASDAQ? Does this mean the rally is about to roll over?

Is this banking rally finished or will Wells Fargo make the month for the entire sector? Here is a look at the short term 60 minute chart of the Banking Sector. Has the Fed medicine and cure worked this quickly for the market?

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