Today saw a 44 point drop in the DJIA and it was a reversal day, but I don't think the uptrend is over. Tomorrow may be a sideways day but that would just signify a halfway point in the up move. The bars are green and the indicators still up; the stochastics indicator is right in the middle of its range. More upside to come, but maybe not until next week.
Thursday, May 05, 2005
Today saw a 44 point drop in the DJIA and it was a reversal day, but I don't think the uptrend is over. Tomorrow may be a sideways day but that would just signify a halfway point in the up move. The bars are green and the indicators still up; the stochastics indicator is right in the middle of its range. More upside to come, but maybe not until next week.
0 Comments:
Post a Comment
<< Home