Saturday, May 15, 2010

Dow Jones - Daily Market Thought 15052010

Last Cross EMA Bullish.MACD Last singal - SELL ( 27/4/2010)
Bearish divergence last high need confirmation with close below 10942( this is part of last update)
Last week begin with a nice reaction after test EMA 200 but the last key number short-term(10942) "kill" market again.
Short-term below 10942 (Daily chart) expect new attack/test EMA200 and trend, both range [10100,10256].
10942 Key number to follow so if close daily above expect new highs > 11700.


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