Wednesday, January 19, 2011

Dow Futures : Intra week view.

 

As shown on the chart, at the moment, the intra week trend is bullish. However, if it sustain below 11834, it will turn bearish. When I am writing this, the intra week change is just over 20 points away. Additionally, the Head and Shoulders pattern too does give a bearish indication.

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