04/12/2012

DOW is slowly moving on upside, see 15 min chart but the R from the 34 day MA is still holding which is a must for the rising 8 MA to turn down Wednesday. The situation cannot be more close for a cross or a turn down of the 8 MA which means the difference between how the daily index will continue.

DOW day now. The critical point is 12.992.2 for up or down for the daily trend on close tonight.









DOW 2 hr now. Does not show  more than a sideways trend but gives an idea where we are now.









DOW 15 min now. Here you see how the index is moving very slowly on upside.

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