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0.31% 26,683 dow jones industrials

dead cat bounce, page-10

  1. 50ftCat
    2,717 Posts.
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    19/07/08
    14:04
    Post #: 4012066
    Observation .....

    DOW volume dropped noticably last night to 92% of 10MA & 95% of 15MA .... Thursday wa 125% of 10MA & 128% of 15MA

    Day 10MA 15MA

    Tues 132% 136%
    Wed 116% 120%
    Thur 125% 128%
    Fri 92% 95%


    Also daily spreads (day high to low) have shrunk:

    Day 10MA 15MA

    Tues 141% 144%
    Wed 135% 140%
    Thur 115% 119%
    Fri 83% 86%

    Monday should show the real way forward
    Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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