Weekly Mo Up
11/03/2008 9:12 am EST
The S&P 500 held above the support in the 840 and closed very strong last week.. There is next resistance at 1020-50 and then much stronger at 1130-50. The momentum (RSI3) has turned up from historic oversold levels and should now rally back to the 50 area. There are no signs yet of a major low.