An Uphill Climb for Stocks

Major indexes face tricky resistance levels on the upside as sentiment indicators are turn more bullish

The stock market continues to battle with overhead resistance, a stream of deteriorating economic news, and the ongoing shakeout from the credit crises. If that is not enough, the U.S. dollar index has fallen to a multi-decade low, and crude oil traded above the $80 per barrel mark last week. Despite all this, the overall stock market actually finished higher last week.

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