Dow Jones at Possible Bounce Area
- Posted by ZorTrades
- on October 12th, 2012
So let me get this straight; the DIA is down 5 days in a row, back to its 50 day moving average, which is also home to the ascending trendline that started in June, which is also the the lateral break-out level from the multi month top that started in March. Possible bounce??? very likely..
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Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »
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