DOW JONES

Mid month update
 
 
If one looks at the weekly chart of the Dow, there is a big resistance at 11840, the top of March 3, 2005.
 
But in order to see the closer picture, I uploaded below the 60 minutes graph, which shows us that the uptrend is starting to weaken. How do we see this? The top of Aug 11 did not reach the top of the channel line, meaning, the Dow should have gone up till 11838.
 
You can see on the graph the targets either way, with the dates to watch as well.
 
 

Careful trading, with close stops will be the mantra of this week

 This week's star positions.. just to remind you of my previous article

Mars          90 Pluto         17.08.2008 9:15
Mercury      120 Jupiter       18.08.2008 4:23
Sun          135 Jupiter       20.08.2008 21:00
Venus        150 Node          21.08.2008 9:12
Sun          120 Pluto         21.08.2008 9:51
Mercury      150 Node          21.08.2008 11:14
Mercury        0 Venus         21.08.2008 18:44

 Aug 18, 2008

   I love feed backs  

 

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any responsibility at all for those individual decisions.




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