Dow/Nas update


Legendary member
Still no clear direction, by virtue of the strong pos. divergence on the indicators, and the strong finish on both indecies.The price, and common sense says down, but I think we will see a strong open on Monday.
Any thoughts?


  • nasdow110501.gif
    20.7 KB · Views: 258

I think that we will have to wait 'til Tuesday for a decisive move after the FED announces the next move on interest rates. The market is now less sure about getting the 0.5 point cut that has been factored in.
Just another thought. Volume was very light yesterday on the US markets again suggesting that market participants are waiting for news before making their minds up.
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock    No Thanks