DreamTai just gave a green buy/cover short signal for the Dow Jones Industrial Average Index, because the price of the Dow Jones Index reached the previous peak level.
Let us see what happens next.
Sunday, July 25, 2010
Sunday, July 18, 2010
The market (Dow Jones Average) has given a sell signal according to the new version of DreamTai which I am testing.
DreamTai 5.02.14 is the latest new version, which will be released in about two months.
In this version, I have made major updates in the trading signal software, which gives buy sell signals by showing the price bar colors as green or red.
Till now, the trading signals given by the system have been excellent.
The new version is having automatic stop loss adjustments. You can see the stoploss lines shown as thick blue lines. You have to adjust the stop loss prices daily to protect your profits.
Let us see how this new version of DreamTai will perform. My ultimate goal is that you should be *absolutely delighted* by it's performance.
I am attaching the charts of Google and Apple for your reference, so that you cn check out the past signals.
Sunday, July 11, 2010
The market is still in a downtrend over the long term. See that the 50 day moving average is sloping down.
However, the short term trend is up. Let us see what happens when the index reached 50 day moving avearge and face resistance. Will it be able to overcome the resistance or will it bounce back downwards?