Wednesday, July 15, 2009

 Treasure Hunt Map on Dow

Dow showed high volatility in the last session, it was trading in green as well as red, if we look at the S&P500 it was at a time trading below 900, but in the end it sustained above 900 and Dow was also to give a green signal close.

If we look at the closing,

Dow - 8359.49

S&p500 - 905.84

As we had said in our previous blog on Dow, it was trading flat and gave a close in green as per the Snp500 was trading above 900.

If we lok at the Dow futures they are 84 points in green, thus we can expect a rally, the targets for Dow can be

Buy above 8335.31 - 8360.36 - 8385.41 - 8398.38 - 8411.34 - 8436.39 - 8461.44

Sell below 8322.35 - 8309.38 - 8284.33 - 8259.28 - 8246.32 - 8233.35

One has to keep eagle eyes on the SnP500 movement, as we had said before also there is a new starting of an rally, if Dow is an out performer we can see the world over markets to out perform.

This information is provided for educational purpose only, one has to trade and consult there financial advisers before making any decisions, we would not hold any responsibility, trading is at your own RISK.

We the Pirates would like to wish all the Pirates a Very All D Best

For more log on to

www.moneybaghunting.blogspot.com

Regards

Treasure

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