Treasure Hunting Map ( Dow Jones )Dow Jones have shown some impressive moves & with the impressive moves the world wide markets are at the same moves, if we see the charts as of now, they are showing impressive gains, see
These are the live data as of now when we are posting this article, if we look at the SNP500 its trading at 1,067.96, what will be next for the index.
Impressive moves shown by the Index, crude is back on track from 67$ correction to almost 72$, what will happen now would it touch 80$ as per every one is breaking all time peaks for the year 2009, gold has also moved up, so we expecting some moves from crude also, if such a break out happen in crude & it breaks 73$ then a Dow would be around 10000 & we would be trading at 5000+ levels in the coming future.
So keep your eagle eyes on crude, because as we see some correction from 73$ then we would head to 66$ & the world wide indexes would be going under a major correction which is due for the time.
So keep eyes on the crude & Rock on performance by Dow Jones, as we had warned about Dow, the SNP500 is strong above 1050 levels, abd below that it may test some lower side, it also becomes weak below 1050 levels.
So now we may stop this rally around 1080 levels on the SNP500 and take some consolidation back around 1055 levels taking a support at 1050 and if it breaks then the next support at 1020 so be careful & keep your eagle eyes on every thing.
The next hurdle for Dow after 1080 levels would be 1100 levels, so watch out for the next targets, over all a long term target of 11000 is maintained on the Dow Index, until its holding 9150 levels on the cards.
The game is yet open & who missed wait for dips & don't miss the dips, as you never miss rallys to buy but you might miss the next rally to sell.
Regards
Treasure Captain
www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
Impressive moves shown by the Index, crude is back on track from 67$ correction to almost 72$, what will happen now would it touch 80$ as per every one is breaking all time peaks for the year 2009, gold has also moved up, so we expecting some moves from crude also, if such a break out happen in crude & it breaks 73$ then a Dow would be around 10000 & we would be trading at 5000+ levels in the coming future.
So keep your eagle eyes on crude, because as we see some correction from 73$ then we would head to 66$ & the world wide indexes would be going under a major correction which is due for the time.
So keep eyes on the crude & Rock on performance by Dow Jones, as we had warned about Dow, the SNP500 is strong above 1050 levels, abd below that it may test some lower side, it also becomes weak below 1050 levels.
So now we may stop this rally around 1080 levels on the SNP500 and take some consolidation back around 1055 levels taking a support at 1050 and if it breaks then the next support at 1020 so be careful & keep your eagle eyes on every thing.
The next hurdle for Dow after 1080 levels would be 1100 levels, so watch out for the next targets, over all a long term target of 11000 is maintained on the Dow Index, until its holding 9150 levels on the cards.
The game is yet open & who missed wait for dips & don't miss the dips, as you never miss rallys to buy but you might miss the next rally to sell.
Regards
Treasure Captain
www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
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