The Dow closed down 50 points today, but I'm still looking for a target of 11000. We'll see if it can recover some ground in the next couple days and reach that point. The bars are still green, but the market is still very, very overbought.
Many people have said that you can’t predict the movement of the financial markets. I’m going to use technical analysis, mathematical tools, studies and indicators to see if it can be done. This is just for informational and scientific purposes only, I’m not recommending any trading positions.
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