PivotBoss Market Outlook 10/09/12
Thanks to everyone that attended Tuesday’s free PivotBoss Market Outlook webinar! As promised, here’s the webinar recording, along with key highlights.
Here’s the Dow Game Plan
Now that the Dow Jones ($DJI) got the breakout from the narrow price range we forecasted in our Monday analysis, here’s how we’ll be playing a potential down move Wednesday.
Watch the Dow for a Breakout
The Dow Jones Industrial Average ($DJI) continues to hold at highs above the 13,330 resistance level, suggesting further strength ahead. However, recent price activity suggests a breakout in either direction from the current range could spark the next short term move.
Watch the Dow for a Breakout
The Dow Jones Industrial Average appears poised for a major breakout opportunity in the days ahead. Here’s the pattern to watch..
Is the Dow Headed for 11,000?
The Dow Jones Industrial Average ($DJI) reached new yearly highs today, topping out at 11,480.03. However, the index may have put in a temporary top, as we could see a short term reversal ahead. Here’s why..