Wednesday, October 28, 2009

20091028 1835 DJIA EOD Daily Chart Study.



Seems like all the major market daily chart also having the same formation including DJIA daily chart. With the current negative sentiment that we are having globally, needless to say DJIA also facing the same thing. Chart wise, should the trend line support level broken, further downside are likely to happen. Hong Kong Hang Seng futures closed at 51 points discount toward it's cash market and at last look, European market also trading in the red zone and last but not least DJIA futures market down 61 points at 9771.

No comments: