Friday, 20 June 2008

DJIA testing 3 years uptrend?



MACD just started to cut down. Not a pretty sight.

But William %R is at -93 now. DJIA rebounded from this level last few occassions.

2 comments:

Guanyu said...

DJIA seems to find support at current level. But I see it as an opportunity to short it on any rebound.

Eat full buy bao? Then wait at 11611 and/or 11000.

Guanyu said...

I am quite certain DJIA will break 11,000 points. It may just do a false break and rebound from 10,680?