Thursday, June 28, 2012
Tuesday, June 26, 2012
Dow Jones yearly pivots
The yearly Pivots have been great for major trend changes. I'm still in the camp that we will see the yearly Pivot(P) at 11850 ish soon.
Monday, June 25, 2012
Natty Ms1 to Mr1
Natgas etf (UNG) low this month was on the monthly S1 pivot point(MS1) and today kissed the monthly R1 pivot point(MR1).
Thursday, June 21, 2012
DJIA looking for YPP
The $DJIA bounce off the monthly S1 pivot point in early June and retraced 61.8% of the May pullback. Since the yearly R1 pivot was the high this year, I still believe we will go down to test the yearly pivot(P) at 11836. The 500 day is also down there.
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