Wall Street - Weekly

Wall Street's key indices's uptrend are still intact and they fought off a bear last friday when oil surge.

DJIA

It is sitting on the 11000 support, on friday it almost tested the support but bounced off 11010. From the high of 11084.92 to the low 11010.86, it was a 75 pts trading range as the Bull and Bears have a fight. The Bear with a oil advantage eventually backed of and the DJIA close only 7 pts down. Lets see what Monday brings us.

S&P500

The S&P parted ways with the DJIA as it remained positive almost through out the entire trading session. The mix picture of the indices's could be due to the different weight age of stocks in the S&P and DJIA. Techs and Oil were the leaders in the S&P and it was clearly seen why the Tech Heavy Nasdaq was up as well.