Stock Market Analysis

Monday, November 12, 2012

Happy Veteran's Day

Happy Veteran's Day! This is the day Americans remember those that has fought for their nation and even though it is still a market day, most Americans are actually on holiday, leading to an extremely low volume and sideways day.

The Dow continued sideways today, closing marginally lower by 0.31 points. As long as economic data persist in its recent trend of recovery, we should not see the market go lower than 12,500 and turn into a primary bear trend or even reverse the primary trend into a neutral one.

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