04/01/2012

More about the gaps for DOW and SP500

All indexes daily trends are up but the 2 hour trends for Dow and SP500 are down.
Tuesdays huge gaps must be closed and this could be the start to do just that. Dow's gap is at 12.242.6 and SP500's gap starts at 11.260.94.  The road down could take time and the downtrend could also change before the gaps are closed.

I still want to see more of the trading to give my forecast for a longer trend.

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