DOWJONES: Upside inside the complex correction - Trading Consultant | Securities | Research

Monday 06 Feb 2012

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Tuesday, 07 September 2010 10:48

TRADING STRATEGY
DOWJONES: Upside inside the complex correction

Summary. The DJI is moving inside the wide range sideways movement. For short-term view, we believe there is another space for an upside movement. Let’s expect an ABC corrective rally with target price at 10,600-10,700 in the next few days especially when new moon phase on 8 September 10. Intraday traders should consider having a LONG buy trade on this index. The trend will remain stronger as long as the DJI not falls below 10,000.

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