Market expecting some good news from Mr. Ben?
We mentioned from our weekly forecast that DJIA may possibly bounce up from the low and moving towards:
Strong Resistance: 11460 - 11530I am expecting a Trapezium to form, hopefully DJIA can rally up above 11530 and ultimately 11800 to form the marginal top before everything collapse again.
Current support: 10600
My trade plan today:
Long Wall Street CFD @ 11177 SL 50 pts, TG 250 pts.
Related Post: Weekly forecast 22-Aug-2011
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