September 13, 2010

Dow Jones futures before opening bell

  • Dow Jones futures hits the resistance line of the triangle.
  • Bulls will be happy if price starts to trade above 10500.
  • If Price cannot go above the resistance line we can see a sell off. Lets wait for price to show the direction.
  • ASCENDING TRIANGLE OF S&P 500 BREAKS OUT
By at

3 comments:

  1. UnknownSeptember 13, 2010 at 6:23 PM

    To much selling is now occuring on many manufacturing stock to support 10500.

    ReplyDelete
  2. UnknownSeptember 13, 2010 at 6:25 PM

    FAZ is also bouncing off morning lows.

    ReplyDelete
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