February 3, 2014


  • First chart of Dow Jones shows price violating crucial support zone.
  • But the second chart shows some hope for bulls as price is trying to stay above 200 Day SMA. Hope of a reversal will vanish if price closes the day below 200 Day SMA.
  • BEARISH PATTERNS OF FORD MOTORS


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore