The Big Bear market has now started June 1, 2012 CET 10.45 with a break of the DOW's last support at 12.307. DOW reached the 2012 high May 1, at 13.337. DOW closed Friday June 1, at 12.114.4. The target for this first move is 12.002 which will be reached very soon. SP500 and Germany DAX close in NY at the same time as the DOW has also broken the critical support and closed down with target for SP500 at 1.243.33 and DAX 5.999.
03/06/2012
DOW, SP500 and DAX break down Friday make me believe the bear market may have started
The Big Bear market has now started June 1, 2012 CET 10.45 with a break of the DOW's last support at 12.307. DOW reached the 2012 high May 1, at 13.337. DOW closed Friday June 1, at 12.114.4. The target for this first move is 12.002 which will be reached very soon. SP500 and Germany DAX close in NY at the same time as the DOW has also broken the critical support and closed down with target for SP500 at 1.243.33 and DAX 5.999.
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