Disclaimer: For education/entertainment purpose only. Invest at your own Risk
The Dow opened the session mildly bullish this morning, but quickly reversed from the highs of the session with a 120 point loss to 10924 from the previous close of 11045
As I have stated before, the Dow Jones Index is in a No Man's Land...Neither bullish, nor bearish. It is just chopping around.
It is frustating during choppy markets, but we just have to wait it out till the markets indicate a proper direction.
To be bullish, the index has to cross the 11,200 to 11,300 line.
To be bearish, the index has to move back into the downward sloping bearish channel.
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