July 08, 10 Stock Market Technical Analysis

http://FreeTradingVideos.com Bulls Keep Gains The markets keep their gains with the Dow popping over 120 points. The reason for the upward push is in part due to an unexpectedly deep decline in weekly jobless claims. However, as a technician, I say the bounce comes from being at support and being oversold with indicator confirmations. * Consumer Credit Posts Sharp Decline in May * Warm Weather, Holidays Help June Retail Sales