11/5/09

Sudden fall after the Fed. announcement.


What happened today in the markets is the beginning of an uptrend. It opened with a gap, and went up to 9927, but then it turned and fall. And it's good that it fall, because it closed a gap. Tomorrow will continue to go up, now that the Gap is closed. Target: 10030. Support line at today's low 9787.

2 comments:

  1. we almost reached 10030 .. so now we go towards 10350 from here ?

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  2. The Dow reached my target, 10350 on 11 Nov.
    Yesterday we saw a decline, and today a small correction. If the Dow will not go up and above 10350, soon we shall see it at 10230. Support line at 10160.

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