Bulls Way Out Of The Gates!
2 days of drips for my fever has helped me recover enough today to make a post.
Well, the bulls are out of the gates as I have expected 2 days ago and with volume rising steadily, I see the Dow going into new historical highs soon. This is also further encouraged by oil prices retreating from recent highs. Great profits continue to pour in from the bellwether front, forming the solid fundamental needed for market growth. Technically, the Dow has started a new leg off the weekly 30MA and looks healthy to move on further until a significant gap occurs between the Dow and the weekly 30MA again. The fundamentals and technicals has rarely lined up so perfectly! For now, let no skeptics shake your faith and let the bulls roll!
Dow technical chart by best charting software TC2007!
Well, the bulls are out of the gates as I have expected 2 days ago and with volume rising steadily, I see the Dow going into new historical highs soon. This is also further encouraged by oil prices retreating from recent highs. Great profits continue to pour in from the bellwether front, forming the solid fundamental needed for market growth. Technically, the Dow has started a new leg off the weekly 30MA and looks healthy to move on further until a significant gap occurs between the Dow and the weekly 30MA again. The fundamentals and technicals has rarely lined up so perfectly! For now, let no skeptics shake your faith and let the bulls roll!
Dow technical chart by best charting software TC2007!
posted by Jason Ng at 10:00 PM
0 Comments:
Post a Comment
<< Home