June 4, 2010

DOW JONES BEARS TRYING TO COME BACK

  • Bulls will try hard to defend 10100.
  • A weekly close below 10100 means bears will be in control of the index.
  • The rising wedge kind of pattern has broken on the down side. Looks like bears are back again.

By at

2 comments:

  1. sadanand balwantJune 4, 2010 at 10:30 PM

    Dear San,
    Whether Bulls will be allowed to cross 10,100 today in the latter trading hours or not will be very interesting to watch.We never thought that just yesterday we were talking about 10,062 and today at present Dow is trading below it.
    Nice chart as usual,Dear San,Thanks.

    ReplyDelete
  2. SanJune 4, 2010 at 11:34 PM

    Thanks mynac

    ReplyDelete

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