30/11/2012

DOW is sideways now and will likely end today sideways or up giving December trading a neutral technical start unless no big news happens.

DOW 2 hr now. Dow is holding only 7 points lower than Thursdays close at 07:12 in Asia. Europe opens in less than 2 hours. HSI in China has taken a new high.
Dow's trend is sideways with the strong 21 MA up below the trend holding this direction until close in US. The trading can only continue sideways or go higher as it looks right now today Friday, the last day of the month and week. The monthly and weekly closes will come in at points which will make these two long trends starting December in a neutral long term situation. All this said unless big news happens. SP500 and NAS are moving the same way.

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