Thursday, May 15, 2008

Dow top?

The Dow bullish percents look to indicate a top in the short term. I am watching Fibonacci retracements, which based on prior 'sell' triggers and Fibonacci interceptions suggest downside targets of 12,583 or 12,296.

Markets off to a relatively quiet start.

Declan Fallon is contributing to the development of stock alerts, stock charts, and trading strategies for Zignals