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Sunday, September 18, 2011

Is Dow jones finally clear from Bearish?

1) Trendline -Sideways- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -4R1G(Bullish)
4) RSI - Heading towards 50% and above (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 50% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - spinning top (Undetermined)

3 Points

      3 Points

Winner Bear ( Throw down wrestling style)

Let wait for Dow Jones to formed a higher high first before going for long. The market need a lot of time to heal
Entry Price 11710
Resistance at 11895 and 12205
Support a 11011 and 10818
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

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