Tuesday, July 12, 2011
Dow Jones retracing to the next support.
DOW Jones Honey, I AM BACK!!!!!
Sigh.. Look like Miss Bear is looking for Mr Jones again hehe.. What happen to Miss Bull where we saw you around with her last week??
1) Trendline - Uptred- (Bullish)
2) Formed higher high - (Bullish)
3) MACD - 4G1R (Bearish)
4) RSI - Broke below 70% (Bearish)
5) Sto - Formed Bearish Crossover and broke below 80% (Bearish)
6) ADX - normal momentum and Bullish( Bullish)
7) Candle Stick -2 Black Candle (Bearish)
8) Global Sentiment - Europe Debt Woes building up and spreading to Italy and Spain..