Saturday, May 3, 2008
Dow Jones Industrial Average
The Dow closed above 13000, confirming the breakout, after a short retracement respected the new support level at 12800 - signaling buying pressure. Money Flow holding above zero confirms the buying pressure signal. Reversal below 12800 is now unlikely and would warn of another test of 12000/11750.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment