Google Ad Choice

Sunday, March 6, 2011

Dow Jones Uncertainty

Well everybody is asking what is going on with Dow Jones?


1) Trend Line - Hanging at Uptrend ( Slight Bullish but cautious trading)
2) Formed higher low ( Bullish)
3) MACD - Retracing ( Bearish)
4) RSI - Retracing ( Bearish)
5) Sto - K% (Bearish) and %D Bullish
6) ADX - Weak Momentum and Bullish
7) CandleStick - Forming Bearish Hanging Man (Bearish)

Let monitor at the sideline until we can see a clear picture by forming a higher at 12391 and above.

Stop loss at 11980

No comments:

Post a Comment