Directional Analysis

Although this is an up day, the Bears are just trying to grab a hold of more money before they push the market down again.  This is just a little pause from the sellers to gather momentum to do another push down. The only sector that has been working and now has the blessing of Goldman is the Gold sector. Combined with the move of the Dollar, which is also taking a little breather before it continues its up move, the Gold and precious metal stocks should have a nice move to the upside for the next few months.