Monday, March 24, 2014

Mid-Day Update for Monday March 24,2014

The previous short term cycles, discussed on Thursday March 20,2014,  topped on Friday's open.   The downside pressure did not follow through to Monday morning at the open, but, it did shortly thereafter and at this writing the averages are: DJIA -65 & SP500 -15.
Watching it for a short term bottom and a positive theme for the rest of the week.
Note that it is the end of the quarter and therefore window dressing is common here.

This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.

Past performance is not indicative of future results.

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