Tuesday, May 6, 2008

6/5 Pre-Open

Indices
Dow Jones
-Red LSMA appeared. Indicators have signs of turning. 120 points away from 34EMA.
-channel trend line is uptrend. If trendline break, then it might have a fall.

NASDAQ
-Red LSMA appeared. Looking back, Red candle appeared 3 days ago at top of BOLL.
-Indicators looks like turning down.

Russell
-34EMA still uptrend but Red LSMA appeared and most indicators bearish.