DJIA daily chart 10-Nov-2004

Another sideways move in the market today. The market participants aren't sure whether to buy or sell and so the DJIA is stalled for another day. The stochastics, as expected crossed today--a further indication (not guarantee) that the market will resolve this indecision to the downside. The question really still is, will it just be a small dip downward or a major down swing. The prices will give us a technical clue as we get more data.