Both the Dow and YM hit 10,000 last week. 9,800 will now be support. The question now is, “Where do we go from here”? 10,363 in the YM would be a 50% retrace off the March lows. I think this is where the market will eventually head. This will be a big area that may be the make or break area for the markets. If they can base this area then we may head on to 11,000. If this area fails, however, it could be lights out. Check out tonight’s video.
To Your Trading Success,
JM
Dolly
30. Oct, 2009
To me it is not clear
Thanks
Dolly
Doggy
02. Nov, 2009
Hello,
Interesting, did you plan to continue this article?
Doggy
JM
02. Nov, 2009
Yes, these market updates are done weekly (sometimes more depending on conditions). Thanks for your interest.
JM