Wednesday, September 30, 2009

DJIA ended down -47.16


DJIA daily chart still trading above the Bollinger Middle Band = Bullish. Having said that a negative divergence is forming = May be near the end of a Bullish Market. Bollinger band width continue to reduced suggested that market is still in side way range bound. MACD Histrogram getting lower compare to yesterday = Bearish.
Alert to those who have long postion.

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