Looks like that Hindenburg omen has kicked in..
My target for the Dow was 17100-17200, but in the first 2 weeks in January. At this rate, it will get there this week, so there are 2 options. It bounces now for a counter trend rally, before my target is hit, or it hits the target, then bounces, before a re-test, then the uptrend continues.
Weekend Charting and Chat - 12 December 2014, page-7
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Last
8,043.3 |
Change
55.200(0.69%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,988.1 | 8,046.6 | 7,988.1 |
| XJO (ASX) Chart |