Hi mongombolo
Great work with the charts - thanks again for sharing your expertise with us.
Seems the media speculation about China not proceeding to stockpile copper together with gloomy employment / unemployment data ahead of Obama's inauguration has inspired the latest bout of selling.
My charts for the DOW show an apprent recent floor at about 8370 - not far from last night's low of 8421. In December a similar floor operated at about 8140 before the Santa rally.
I annotate my charts with key events. This reminded me that after MS called a market bottom on Nov 5th & recommended a return to equities that the DOW fell from 9654 on Nov 5 to 7449 on Nov 21 [22.8%!] before recovering a bit via the Santa rally.
I guess there is a moral to that story!
4YIO - NFA
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$39.62 |
Change
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Mkt cap ! $200.9B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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No. | Vol. | Price($) |
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24 | 17922 | 39.600 |
3 | 1345 | 39.590 |
4 | 12300 | 39.580 |
6 | 1745 | 39.570 |
Price($) | Vol. | No. |
---|---|---|
39.620 | 16874 | 1 |
39.630 | 20509 | 1 |
39.640 | 21064 | 1 |
39.650 | 25188 | 3 |
39.660 | 20889 | 1 |
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