27/03/2014

DOW 2 hr MA:s trends are interesting.

2 hr. 8,21,50 and 200 MA. Thee 200 can soon start to flatten and even move on downside Friday. The 8 MA ( blue) shows a five waves drop to the lows and then five waves on upside and then down again to cross the 200 MA. If the 8 MA bottoms out here above the last bottom a new trend on upside might occur but the most important thing is that the 200 will turn on downside latest tomorrow evening.

No comments:

Post a Comment