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Trade Recommendations: March

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Tuesday 24 July 2012

Dowjones Testing its Channel Support

Dowjones retesting its channel support again coupled with failed Moving Average cross over... -ve MACD Crossover...broke previous day's low...bad omens near critical support...! But there are positives too,  Channel Support at 12480, 50% Fibo level at 12457. Buy at current price of 12487 the Stop Loss will be at 12440. Target 12650-12900.  Support area 12500-12440 ! Best opportunities emerge from worst conditions of market!


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