I'm still of the view that the next day or so will see the peak of this rally, and then fall away.
Possibly tonight the DJIA will hit the upper bollinger band, and I doubt that it will ride it higher and higher. Stochastic is already turning over, and RSI has flattened.
Something to note:
September is America's worst month for stocks. (2009 and 2010 were exceptions)
The first of the month (tonight) is usually an up day (last month was a nasty exception).
thursday's distant voyage, page-17
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,865.5 | 7,976.9 | 7,865.5 |
| XJO (ASX) Chart |