Wednesday, February 2, 2011

DOW Futures: End of rally?

 

Dow Futures, 5 Min chart, shows a triple top, and trying to breakdown. Additionally, the MA crossover, which went Bullish on 31 Jan, is trying to go Bearish. The Triple Top will get confirmed, if it breaks down below 12000. A bit later, the MA cross crossover too will get conformed. Will it be a mirror image of yesterday’s rally? We will see.

 

 

 

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