Wednesday, June 9, 2010

DOW: 10K poses a ten ton resistance.

After 45 Min of trading, it looks like DOW faces a tough resistance at 10K.

 

Case 1: If it breaks out, it might take it to 10100-120.

 

Case 2: If it breaches 9873, you may find it going to 9750 or beyond.

 

The second case is bound to happen. But; will it bounce to 10100 and come down or a direct fall takes place is unknown.

 

 

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

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