well well you are quite a surprise sbj. Where do you get 15 day hourly charts on the Dow from?
The fact is the Dow has been rising on falling volume and falling momentum since june and this is not good. Also volatility is far too low. This is a bear rally.
However I would hardly call these "dizzy heights" compared with 12000, and bear rallies can run and run. Unless I see it cross 9300 or so, I think its on the way up. Eventual target round 10600 by 1 Jan.
Coming week not too good tho.
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$65.61 |
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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65.630 | 630 | 1 |
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