It would be positive if 9175.19 is taken out currently Dow has touched and sitting on some important supports. Critical level of support in my reading is 8185.25. Close below this level and the start of the downward leg of a base formation is on the cards. The strong rally has taken the market to a level just below investment grade, E+ in my reckoning. Short term there is some divergence in place that tips a shot at or just shy of 9175.19 but that would probably cap the move. Profits made in the run and some cashing in.
Regards RM
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |