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| Market Analysis Fundamental outlook, intermarket analysis, and general market discussion. |
| View Poll Results: Bull or Bear? | |||
| Bull |
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3 | 50.00% |
| Bear |
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3 | 50.00% |
| Voters: 6. This poll is closed | |||
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Bull or Bear?
The Dow Futures have broke critical resistance at 11400 after consolidating for 4 months. Are we likely to see further lift? Or will prices get rejected above this level? Post your opinions here!
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James Lee Email: JamesLee@traderslaborator y.com Skype: james.lee03 TradersLaboratory.com |
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After Mondays session and a clear rejection of price above 11400 (dow futures), my bias has changed from bull to consolidation. We can see a possible rotation back to the 10700 level. This level is key support on the daily charts and the lower extreme of our current range. (Late may - till present range)
__________________
James Lee Email: JamesLee@traderslaborator y.com Skype: james.lee03 TradersLaboratory.com |
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