2009年3月26日星期四

3-26-09

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As mentioned in my last post, the DOW is locked between trend 3 and 4

3-26: my upper resistance(trend 4): 79.3374 actual: 79.31 miss: 0.02
3-25: my lower support(trend 3): 75.5157 actual: 75.50 miss: 0.01

Trend 4 is a strong resistance from Nov 08, as Trend 3 is a weak support.
if it does break the resistance(Trend 4), a tiny resistance is around 80.60; then you will see the market riding on the 100-day moving average and fly up high.

if it doesn't, then fire up your FAZ and get ready to SHORT.