Dow is heading up to its 50dma resistance, as it occurs that there are still some room for it to move up from now, should it turn down late this week? See the chart below.
On the other hand, SPX too has some room to the upside until its 50dma resisatance at 1100 level.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Monday, July 12, 2010
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