Weekly Trend Higher

05/19/2009 9:52 am EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

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The weekly RSI is positive and the bullish divergence at the March lows suggests that a deeper correction will be well supported. I would expect new rally highs in the next three to four weeks. For a complete discussion of the latest sectors worth watching, check out this week's Trading Lessons e-letter—sign up here.