Sunday, March 29, 2009

DOW JONES - Another week close below resistance / Otra semana en cierres por debajo de resistencia



English-
DOW JONES - (weekly chart) - Last we posted on the DJIA, giving a heads up of the weekly resistance using a 15 week exponential moving average. The week has ended with the DJIA not able to close above this average. Many times in the past it has attempted to break only to fail and head lower. To determine the trend, keep an eye on the weekly chart with this average. Many are calling for a bull market while others are calling for a bear market rally, whataver your preference, this method is clean cut. I beleive that a pullback is on the horizon and look for lower prices to test the 7000 level.


EspaƱol-
DOW JONES (grafico semanal) - La ultima semana hemos avisado de tener precaucion que el DJIA esta en resistncia semanal, usnado una media de 15 exponencial. La semana ha terminada y el DJIA no fue capaz de cerrar por encima de esta media. Muchas veces en el pasado esta media ha actuado como resitencia llevando al DJIA a precios mas bajos. Para ver la tendencia, tener en cuenta graficos semanales con media exponencial de 15. Muchos estan avisando de un nuevo mercado alcista y muchos tambien avisan que solo es un movida alcista en un mercado bajista. No importa, vamos usar esta media para decir el camino. Creo que la movida es de un pullback de esta zona a por la prueba de soporte a los 7000 puntos.


0 ADD COMMENT / COMENTAR:

Post a Comment

Disclaimer

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.

  © Blogger templates Newspaper III by Ourblogtemplates.com 2008

Back to TOP