On Wednesday, 11/11/09, the Dow Jones Industrial Index rallied to a 50% retracement level based on MarketClub’s Fibonacci measuring tool. The action today indicates that this level is very important and that it could be an important top for this market.
In our latest video we cover both the Dow and the S&P 500 and tell you what we think is going to happen to both of these markets in the near and intermediate term.
Just Click Here to watch our latest video and as always our videos are free to watch and there’s no need to register. Please take a moment to let us know what you think of the video by leaving a comment.
Ray C. Parrish
President/CEO, The Crude Oil Trader
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