Google Ad Choice

Thursday, June 2, 2011

Dow Jones formed 4G1R - Could be bearish

1) Trendline - Sideway
2) Formed higher high- Bullish
3) MACD - Formed 4G1R and bearish
4) RSI - going to break below 30%
5) Sto - kissing and potential for bearish crossover
6) ADX - weak momentum and bearish
7) Candle Stick - Black Candle

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 12085

No comments:

Post a Comment