Exxon Mobil Corporation (NYSE:XOM), a major market leader is lower today. This should be a signal to traders and investors to be careful over the next few days. When a leading stock like XOM is weak, it is usually a market leading signal that the markets will fall or pull back in the coming day or days. As mentioned earlier as well, Goldman Sachs Group, Inc. (NYSE:GS), another market leader is strong but ran into a key gap fill and the daily 200 moving average. This also states that Goldman Sachs may be due a pull back which adds fuel to the fire for a market pull back. Use these signals, learn the charts. To gain more insight, analysis, guidance, swing trades and education, join the Research Center.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
