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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Saturday, May 8, 2010

Dow-Jones indice in danger zone


Looking at the charts, even if we ignore the intraday spike low, DOW still closed below medium term trend line support yesterday. 11258.01 is confirmed to be a medium term top and we'd extend correction going forward and that should at lease send DOW towards 38.2% retracement level at 9428
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