Friday, May 14, 2010

The Day, American markets might shiver.

Refer to my  Mid-Day review and read ahead…

 

  1. The pattern, shown, on the DOW chart, is just breached but “trying hard” to pullback. It looks like; it is more than likely to breach the pattern convincingly.

 

  1. Euro has broken down from the trend line TT and about to break the Horizontal support HT.

 

If both the events (Very likely) happen, then we might see American Markets shiver today.

 

 

 

 

 

 

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