Money Mystery: Dowjones was 13780 and S&P was 1495 when this message was given on 24th jan 2013@
http://moneymystery.blogspot.in/2013/01/will-dowjones-s-break-barriers.html
Money Mystery On US Market:
Dowjones is getting close to its toughest resistance which is around the 14093/14198 level. Most likely it going to put a brake there and rest there for some time, correcting some and then move ahead. Continuous closing above the mention level would mean a complete breakout for the Dowjones.
S&P too getting near to its toughest resistance level which is around the 1526 level and this's the area where it will face good amount of supply & could correct somewhere from there. Only continuous closing above 1527/1530 would signal a breakout.
Good News@ Dowjones Transportation Averag already on a break out.
Above are my personal observation.
Dowjones hits high of 14081 on Feb 25th whereas S&P hits high of 1530 on Feb 19th 2013. Both corrected heavily as expected around the mentioned level.
Dowjones currently at 13784 where S&P at 1487.
This's Money Mystery.For more visit moneymystery.blogspot.in
Kind Regards,
Manish Bothra,
Kolkata.
http://moneymystery.blogspot.in/2013/01/will-dowjones-s-break-barriers.html
Money Mystery On US Market:
Dowjones is getting close to its toughest resistance which is around the 14093/14198 level. Most likely it going to put a brake there and rest there for some time, correcting some and then move ahead. Continuous closing above the mention level would mean a complete breakout for the Dowjones.
S&P too getting near to its toughest resistance level which is around the 1526 level and this's the area where it will face good amount of supply & could correct somewhere from there. Only continuous closing above 1527/1530 would signal a breakout.
Good News@ Dowjones Transportation Averag already on a break out.
Above are my personal observation.
Dowjones hits high of 14081 on Feb 25th whereas S&P hits high of 1530 on Feb 19th 2013. Both corrected heavily as expected around the mentioned level.
Dowjones currently at 13784 where S&P at 1487.
This's Money Mystery.For more visit moneymystery.blogspot.in
Kind Regards,
Manish Bothra,
Kolkata.
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