Tuesday, October 4, 2011

DOW TRANSPORT AVG.

DOW TRANSPORT AVG.
Yesterday falls below previous low indicates bearish should continue with the tgt. of 3950--3850 levels in Dow Transport Avg. if u look This chart price has been crossed strong support area according to fibonacci as i indicated in chart . so Trend pattern as well as fibonacci support are indicating bearish should continue but my thinking suggests we may not see more downfall pattern at this time so be cautious while making shorting position. Lets see.