Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Dow Jones Weekly Charts indicates Bull market
11 sec read
CMP : 12294
Dow Jones maintains the ichimoku weekly charts is in buy mode for the past 3 weeks indicating the start of long term uptrend with long term supports built around 11289 zone.The Dow Jones Industrial Average returned YTD returns of 6.1% to the investors for 2011, best developed market returns for the year.
Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Last time I wrote about what could possibly go wrong with S&P500 index spotting a fundamentally overvalued reason and Price action on quarterly charts....