The DJIA went up another 75 points today, not yet retracing the 174 point loss of two days ago with yesterday's and today's movement. Today also was a reversal day, going lower than yesterday but closing higher. I still would be short from 10583 or, to date, -165 points. Tomorrow can either resume the downtrend or be part of a last gasp up, a double top before dropping. I still see lower prices soon.
Thursday, February 24, 2005
The DJIA went up another 75 points today, not yet retracing the 174 point loss of two days ago with yesterday's and today's movement. Today also was a reversal day, going lower than yesterday but closing higher. I still would be short from 10583 or, to date, -165 points. Tomorrow can either resume the downtrend or be part of a last gasp up, a double top before dropping. I still see lower prices soon.
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