• Most Popular
  • Most Shared

Market View: Airline Index -XAL- break above Monday's high/200 sma at 54.09/54.19-- session high 54.33

Tue Mar 20, 2007 5:59am EDT
Noted the rebound and positive action yesterday in the XAL with potential for follow through after a pause.  Extended the yesterday's slide off the high in opening action but has staged a breakout this morning.  Initial resistance above on a sustained breach of yesterday's high (54.09) is at 54.60/54.70, its 20 day exp is at 55.08 with the 38% retrace off the Feb high and its 200 ema at 55.19/55.35. 



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets