After the main index of US Stocks, the Dow,
ranged high from 8300 to 8500.
It surprised us with a fall to the levels around 8200. It also had the bias of falling
to around 8100 but, that value seemed a little to low and started again a range movement
between these 2 psychological levels 8100 - 8200.
You can see on the graph that the descendant trend established that started at 8350 and
went through the very important value of 8229 towards 8165 where is trading for the moment.
If AIG falls we are gonna see the Dow lower even then 8000.
All the best
G
No comments:
Post a Comment