Tuesday, June 23, 2009

DOW JONES - Looks heavy but 8100 should support..



They would buy more debt.. thats for sure, since March FED already purchase more than 170 Billion dollar treasurys dan today diorang akn purchase lagi..

Based on chart kat atas.. price stay below trendline A, means the next move is heavy towards to the downside I think, however 8100 should provide support for any downside move.. at the moment sbb 2 hari yng lepas price decline untk 'cover' gap (yng bertanda right). FOMC meeting.. let see the efect.

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