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Saturday, December 20, 2008

Dow Jones Condition 21th Desember



Dow will break up tomorrow why??
1. Oil Now Getting better 42$ after dropped into 33$.
2. US Government saved GM an Chrysler, with bailout but only until 31 march.
3. It Created CONE shape, wanna break up. Watch the volume okey!!
4. RSI (Relative Strength Index) will move above 50%.
5. GOLDEN CROSS will happend, MA30 will cross MA40 from bottom to top.
6. After one an half weeks Dow can not back below the MA30. VERY-VERY STRONG SUPPORT.
7. MA30 and Fibonacci 50% line exactly in the SAME line, it is 8600.

NEXT first UP target DOW will be 8800.
If DOW break down MA30 it could be DANGER!! First DOWN target will be 8400!!
SUCCESS ALL

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