Sunday, June 19, 2005

Monthly DJIA - May 2005


I realize this is late, but in May 2005, the Dow went up 275 points, however the price bar turned red and the indicators have turned down from a very overbought level. The proprietary moving average did blip up a little from April's level, but the market looks ready to make a down swing. As we know since we're almost three weeks into June, the market went sideways and then has gone up. Let's see how the month ends.

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