As for Dow, it -203 points, at its trendline support/38.2% fibonacci level. Watch out see if it rebound from this level.
S&P 500(SPX)drop to its support level 1030 too. Over take its previous low, Now I'm switching to south.
Friday, October 2, 2009
Support Broken, Market Going South
The nightmare probably comes to the end now. US indices Dow and S&P 500 broke their support level with a big black candle.
As for Dow, it -203 points, at its trendline support/38.2% fibonacci level. Watch out see if it rebound from this level.
S&P 500(SPX)drop to its support level 1030 too. Over take its previous low, Now I'm switching to south.
As for Dow, it -203 points, at its trendline support/38.2% fibonacci level. Watch out see if it rebound from this level.
S&P 500(SPX)drop to its support level 1030 too. Over take its previous low, Now I'm switching to south.
Labels:
Investment Idea,
US mkt
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