Monthly Mo Turning Up

04/03/2009 9:54 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

chart

The monthly chart shows the higher March close with monthly resistance next at 9000 and then in the 9700 area. The monthly RSI3 (Mo) turned up in March after closing at its lowest level ever in February (data goes back to the 1890's). This suggests further gains are likely.

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