The DJI closed about 11 points down as it starts to show some fatigue in it’s ascent to reach new highs. The previous resistance at 16,588.25 remains untested on the short term as we will see the DJI retracing further and factoring possibly the expectations for the unemployment claims later tonight. The market will also … Continue reading
Congratulations to those who have taken profit closing their short positions last week! But there is much more profits to be squeezed out of the US market in compensation to our low volume SG market. Now that DJI is picking up pace, I believe it’s a good time to buy in and ride the wave … Continue reading
For those trading the DJI tonight, it looks like it’ll be another day of profits. With the economic data for the jobless claims in the US missing the consensus, it seems that the US market has already priced the results in. As the DJI continues it’s upward march, Yellen seems to suggest that decisions to … Continue reading