Dow top?
Posted on Thursday, May 15th, 2008 | In Current Market News, Stocks to Watch
Contributed by: Declan Fallon (http://www.zignalsblog.blogspot.com) -
The Dow bullish percents look to indicate a top in the short term. I am watching Fibonacci retracements, which based on prior ’sell’ triggers and Fibonacci interceptions suggest downside targets of 12,583 or 12,296.
Markets off to a relatively quiet start.
Declan Fallon is contributing to the development of stock alerts, stock charts, and trading strategies for Zignals
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 About Declan Fallon (http://www.zignalsblog.blogspot.com)
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts, and stock charts website. It's our job at Zignals to give market participants all the information they need to make informed decisions; both fundamental and technical. |
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