+ - SPAM: Where is Dow heading between Jun 4th - Jun 8th ? 400 point rally or 1000 point s
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freefdawatchlist
freefdawatchlist writes "This article is continuation of last week article [spam URL stripped]
Dow Jones wiped out 1061 points it gained in 2012, and its down 99 point for the year. S&P500 wiped out 120 point or 12% it gained in 2012 and its up 20 points for the year.
It took 5 month to get such big gains but it took 1 month to wipe out all the gains.
Bulls are hoping for a recovery rally after sell off while bears are hoping for 2008 crash. Lets analyses and see where Dow is heading next week. This chart pattern is also applicable to S&P500. If the market is able to survive Monday and Tuesday without closing in red, then temporary there could be relief rally."
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Dow Jones wiped out 1061 points it gained in 2012, and its down 99 point for the year. S&P500 wiped out 120 point or 12% it gained in 2012 and its up 20 points for the year.
It took 5 month to get such big gains but it took 1 month to wipe out all the gains.
Bulls are hoping for a recovery rally after sell off while bears are hoping for 2008 crash. Lets analyses and see where Dow is heading next week. This chart pattern is also applicable to S&P500. If the market is able to survive Monday and Tuesday without closing in red, then temporary there could be relief rally."
Link to Original Source
Where is Dow heading between Jun 4th - Jun 8th ? 400 point rally or 1000 point s More Login
Where is Dow heading between Jun 4th - Jun 8th ? 400 point rally or 1000 point s