12/02/2013

DOW 1 hr 8 and 21 MA are building a bottom but there is no cross confirmation yet. This is just technically. The market can easily change this with unexpected news. But this is the big picture as well , actually 5 days. After the high Friday at 14.019.9 we have had a three wave correction so far and the last 22 hours we have got a small trading range within the big break out one. This range is 13.935 - 13.984. The bottom building should be ready just after US opens.

DOW 1 hr 14:03

No comments:

Post a Comment