Monday, October 31, 2011

DJIA and Nasdaq 100

Hi handsome and pretty traders, it is Haloween and I hope all have fun, just came to know why is "haloween" from one of our forum writer HP.

Our team went up to Penang last weekend for couple of talks and launched our GTI in Penang, the respond is good and I am glad to see so many quality subscribers from this land, not to mention the heavenly hawker food and char kuey teow, assam laksa... yummy yum

ops, sorry for off topic a little bit, lets look at the market update for Nasdaq 100:

Nasdaq 100 has break above 2400 and it is approaching the strong resistance level 2435, we have seen some weakness on Daily Chart especially on last Friday.

I am expecting a sideway market testing either the support level 2350, or going to the top 2435.

Advise to stay out of this market and observe for strong reversal signal, may be in mid November.

No comments:

Post a Comment