As predicted last week, dow corssed 11,671, and the good news is that it closed above it.
now if this level is held early next week, dow will cross 11,961, and if closes above 11,961, we will see 12,251 very soon.
so this would mean a rally of 600+ points which can be very positive for the world markets.
Now what we have to watch out for is that dow needs to close above 11,671 again on monday.
If that happens, dont remain short at all and just play for the upmove.
I personally feel very confident about 12,251.
we also do nifty analysis,
regards
stocksmakingmoney.blogspot.com
now if this level is held early next week, dow will cross 11,961, and if closes above 11,961, we will see 12,251 very soon.
so this would mean a rally of 600+ points which can be very positive for the world markets.
Now what we have to watch out for is that dow needs to close above 11,671 again on monday.
If that happens, dont remain short at all and just play for the upmove.
I personally feel very confident about 12,251.
we also do nifty analysis,
regards
stocksmakingmoney.blogspot.com
