Tuesday, March 10, 2009

DJIA Needs to Close Gap Near 6876

The DJIA opened down last Thurday, leaving a gap of 100 plus points from Wednesday closing index. In my technical analysis, a gap must be filled before a new trading range may develop. While there should be major resistance at 6876, it's good to see a bear market rally of significance today.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.