City Trades: Dow pause may be a long one.
Investors Chronicle - magazine and web content, June, 2009
Byline: Sandy Jadeja
TRADING IDEA: The Dow may continue to shuffle sideways, despite the recent shake-out
After several weeks of hesitation around the 8821 level, the Dow Jones finally cracked in the week commencing 15 June, says Sandy Jadejaat www.spreadbettingtowin.com .
Still, my favourite momentum indicator remains in positive territory and there is a decent chance that the index will continue trading sideways in a broad range. Overall, though, I still think the last few weeks probably qualify as a bear market rally. The next really important turning point in the market is not due until September and October.
Sandy Jadeja is chief market strategist for ODL Markets and founder of www.Spreadbettingtowin.com where he teaches...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
