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Soultrader

Bull or Bear?

By Soultrader, in Market News & Analysis

Bull or Bear?  

6 members have voted

  1. 1. Bull or Bear?


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Soultrader    12

Soultrader
Posted

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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Soultrader    12

Soultrader
Posted

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)

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