Monday, April 04, 2005


Even though the DJIA was up around 17 points today and made a "reversal day bar", all other indicators point to lower prices. The price bar turned red, both the CCI and Stochastics went lower and finally the moving average dipped ever so slightly lower, as well. Unless we have a sideways movement beginning, the market should drop lower over the next four sessions of the week.

So far: +165 points

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