15/05/2012

DOW and SP500 closes down at new lows. Very bad technical situation for Wednesday

DOW new low close at 12.633.6. Next daily support point at 12.424.2 SP500 closes at new low as well at 1.330.03. Next daily S point is 1.311.63.

Buy closing at the bottom of the trading day gives the indexes bad feeling for the traders. My goals with this down trend is the same as I wrote yesterday.

Gold, Silver, Oil plummets to new lows and worst of all is the Euro with a big drop today.

No comments:

Post a Comment