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04Mar2016 Market Close: Markets Closed Solidly In The Green, Crude Seeking Higher Ground, Bullish Indicators Remain A Go

Friday, March 4, 2016 14:34
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(Before It's News)

Written by Gary

WTI crude closed above $35 and is testing the next resistance at 36, which is not supposed to offer much resistance. The DOW closed up 63 points, Spooz closed up 0.3%, just above the R1 level (~2,000) and the US dollar is losing ground, settling in the low 97′s. Short-term indicators are flat to fractionally bullish and depends on what crude does over the next few sessions.

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Source: http://econintersect.com/pages/market/market.php?post=201603041522

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