Trading Bias Neutral

December 7, 2009 by  

Our Trading Bias is  NEUTRAL. The Big Three index charts continue to  bump up against overhead price resistance. resulting in a channel pattern.
Current Resistance levels
Dow Jones Industrial Average – 10,500  points.
NASDAQ Composite Index – 2,200 points.
S&P 500 Index – 1,110 points.

Will look for new long trades once prices close above these levels.

Filed under: Ticker Talk
Tagged: ,

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!