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Sunday, May 29, 2011

Will Dow Jones prevail and go up?

1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Bearish Waiting for the bullish crossover
4) RSI - wait to rebound from 30%
5) Sto - kissing and waiting for bullish crossover
6) ADX - weak momentum and bearish
7) Candle Stick - Formed spinning top on support line

Lets wait for all the sign to be bullish that is when this index will rebound up for another positive round

Entry Price 12400
Resistance at 12866
Support at 12359

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