TRADING DP

[TREND1]

3/12 CONCLUSION: Oversold and bottoming short-term indicators, along with a price breakout are evidence that the short correction is over. Also, intermediate-term indicators are not an obstacle to higher prices, so at this point I'd have to say that further price decline is unlikely. The fact that the Fed will probably raise interest rates on Wednesday provides some fundamental headwinds, but I think that the market has already digested that expectation.