Saturday, May 28, 2011

Dow heading towards north east direction..possibility 12600 ++

we predicted when Dow was closed at 12807 on May 4....
Dow in dilemma ....closed flat ... move 0.00 %..greatest reversal pattern is on chart ....Doji...wait for confirmation signal ..and go short for minimum 500 points positional ....
http://dhanvarshagrp.blogspot.com/2011/05/dow-in-dilemma-closed-flat-move-000.html
Dow traded at 12309 on 25 th May ...498 points done 
Now it is on winning streak and its  5 day's chart is indicating that after a fall it was traded in range m Dow heading towards north east direction..possibility  12600 ++ .go long with 12380 stop loss closing basis ..

Dow Jones Industrial Average

 (DJI: ^DJI )
Index Value:12,441.58
Trade Time:4:04PM EDT
Change:Up 38.82 (0.31%)
Prev Close:12,402.76
Open:12,398.06
Day's Range:12,397.69 -12,483.81
52wk Range:9,596.04 -12,928.50

No comments:

Post a Comment

Please remember...your comment should not contain nudity or vulger language in addition to advertisement of your blog/site or any product ...and should not hurt the readers emotions...if that will be case it will be removed on first review of admin staff... Regards