Market Commentary Monday 06 September 2010
 
 
U.S. STOCK MARKET INDICES
 
DJI closed higher on Friday as it extends last week's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signalling that additional strength is possible near-term. If the Dow extends last week's rally, the reaction high crossing is the next upside target. SPI gapped up and closed higher on Friday as it extended last week's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain bullish signalling that additional gains are possible near-term. If it extends last week's rally, August's high crossing is the next upside target. NDI closed higher on Friday and the high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signalling that additional gains are possible near-term. If it extends last week's rally, August's high crossing is the next upside target.