(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
In last post I had said that if Dow goes above 11,200 then it is a bullish sign. Below 11,070 means that Dow wants to be bearish and is trending downwards.
Today the Dow Jones Industrial index opened high at and went upto and touched 11,200 and then at end of trading day, collapsed back to 11098.
It appears that it still can not find the strength to cross the 11,200 mark.
The bears are still powerful.
The important Dow levels are 11,200 for it to be bullish and 11,024 for Dow to be bearish.
I have listed some stocks for SHORT SELLING for those interested in it.
(c) Dreamtai Stock Trading Software
