demontaz
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5th day or 7th day pullback for the Dow...??
http://www.askthetrader.com/freetradingvideos/willthedowstop/willthedowstop.html
my inkling is day 7 (day 5 is today), purely on the basis that the S&P probably wants to challenge its all time highs [edit: to remove erroneous comment - doh] which will probably drag the Dow up a little.
Hi,
I trade the S&P, it is bordering on a short setup for me, but not sure if it would be a fake before a move up as you say.
Managed a nice 5 point trade yesterday on the way up
Jay