As I said from TECHNICAL ANALYSIS Dow Jones 90% in BULLISH TREND! First day in JUNE is big rally time, many encourage data came out before! Even GM go Bankrupt, stock market still green!
Look picture please!! First, The DARVAS BOX have been broken up by big GREEN candle. Second, Candle jump out above MOVING AVERAGE 200 LINE!! Next target will be 9061, but after this will occur Profit Take within one or two days more! But do not worry its still normal.
My analysis from year to year This month usually stocks go down, if do not go down this month, next month will be down. I am warning you there is no MARKET that is absolutely go up every months or every years!!
Check this OUT:
1.ALL BIG WORLD STOCKS (Dow Jones Industrial, Hangseng, Nikkei, etc) move above Moving Average 200!! And they are still move UP TREND!!
2.Commoditiy Channel Index still above 0 line for three months.
3.Relative Strength Index still above 50% for two months.
4.Good Momentum200 days line!!
5.Oil price Break out 60$. Now 65,5$ reach 70$ this week!
6.Gold price Break out too! Now 955$
1.Within two or three days will be RED you can buy again, but sell if GREEN, as I said you can day trade!!!
2.Look “BIG CUP”, if candlestick break 2171 you can buy more!! VERY VERY GOOD CHANCE for INVEST!!
3. If Relative Strength Index reach 70% line or break below it!!
My Stock Suggestion: ANTM, TINS, INCO, SGRO, UNTR, ITMG, ASII, BUMI!!
You must be CALM and PATIENT for wait that condition!! TRUST ME AND HAPPY TRADING!!! Last thing If it cannot Break 2171 point this month it can be DANGEROUS, if break BUYBUYBUY!!!!!!Read More...