Friday, February 5, 2010

Will DOW close Below the Sentimental level of 10000?

  1. Look at the DOW chart. This Busted pattern has a target of 9700, as shown.
  2. From the Euro Monthly chart, we can see that, it is attempting to breakdown below it, which has a high probability.
  3. If Euro breaks down below this critical level of 1.3665, convincingly, then we might see an "Aftershock" today, spreading disaster…

 

Interesting day for American markets.

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES