Thursday, November 5, 2009

ProShares Ultra Dow 30 (DDM)



English-
Uptrend intact, notice how when it recrosses the 10 day moving average off the bounce of the support line the etf heads for newer highs. Look for DDM to head up toward the 41.50 level from here..stops on close below the uptrend (yellow) line.

Español-
Tendencia alcista intacta, tomen nota como cuando cruza la media de 10 dias despues de rebotes de soporte se encamina alcista a por nuevos altos. Se espera que DDM siga alcista a por el nivel de los 41.50...stops por debajo de la linea de tendencia alcista (linea amarilla)

Posted by Alpha Lobo Trading at 10:31 AM
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