U.S. STOCK MARKET INDICES

03 December 2009 @ 09:54 am EDT

DJI closed lower on Wednesday and the low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are neutral to bullish hinting that a short-term buttom might be in or is near. SPI closed slightly higher on Wednesday and the mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI are oversold but remain neutral to bearish signalling that additional weakness is possible near-term. NDI closed higher on Wednesday and the high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are oversold but remain neutral to bearish signalling that additional weakness is possible near-term.

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