Market status as of July 27, 2008

The chart of Dow Jones Index shows that the market is still in a downtrend because the 20 days moving average is below the 50 days moving average.

Currently, the market is forming the neck of Dragon Pattern.

So, all the traders who have read the e-book should get ready for any potential short trades.


For more information on the "neck of the dragon" chart pattern, please refer the following link


http://www.dreamtai.com/ebook/


You can preview the book there and purchase it also from that link.

Stocks to look at (SHORTING)

Stocks to look at (BULLISH)

Current Market Analysis

The above chart is the chart of Dow Jones Industrial Average Index (^DJI)
It is still in a down trend as the 20 days moving Average line (Blue dotted line) is below the 50 days moving average (Pink Dotted line)

So, it is safer to short stocks.


At present it is forming the NECK OF THE DRAGON pattern.

So, all the traders who have read the e-book should get ready for any potential short trades.


For more information on the "neck of the dragon" chart pattern, please refer the following link


http://www.dreamtai.com/ebook/


You can preview the book there and purchase it also from that link.

Stocks to look at (SHORTING)