Hourly chart for the Dow shows money flow has cycled back down. We should see some price support over the next few sessions. Watch out the the price indicator is pointed down.
Today was an up day for the Dow ... we did have 57% of the NYSE volume that was up in price. The money flow indicator is looking to close to a bottom ... this can occur over the next couple of days.
The dollar made a new low over Thanksgiving Holiday. This confirms in my opinion that we are headed lower and the stock market should still see some support.
Hourly chart for the Dow shows money flow has cycled back down. We should see some price support over the next few sessions. Watch out the the price indicator is pointed down.
Today was an up day for the Dow ... we did have 57% of the NYSE volume that was up in price. The money flow indicator is looking to close to a bottom ... this can occur over the next couple of days.
The dollar made a new low over Thanksgiving Holiday. This confirms in my opinion that we are headed lower and the stock market should still see some support.
Posts
Hi,
ReplyDeleteI have seen ur blog & i must congratulate you for maintaining such a good online resources. As i am a financial writer so after seeine ur blog i have written one unique finance article for u.
I hope u r interested to upload it in ur blog along with my link.
Waiting for ur quick positive response. In return i do have good finance blog where i am ready to upload ur link.
For any further details plz mail me ..
nancysix00(at)gmail(dot)com
Waiting for ur quick response,
Thanks,
carol.