Dow Jones Intraday: Update 25 Nov 2011
Thursday, January 12th, 2012Dow Jones (Dec 11) intraday: capped by a negative trend line.
Pivot: 11245
Our Preference: SHORT positions below 11245 with targets @ 11075 & 11000.
Alternative scenario: The upside penetration of 11245 will call for 11350 & 11420.
Comment:the RSI advocates for further decline.