Drastic Fall on Future Dow Jones, Alert & Signal Activated!

By Forexter and Bulls Eye

Drastic Fall on Future Dow Jones, Alert & Signal Activated!

By looking at this Dow Jones Chart (future market), we can see it very clearly that there is a major fall early this morning, 2 of our market analysis – Bulls Eye and Forexter would give some hints and guidance which may assist you in making decision (for both FOREX and Shares)

By Forexter:

Dow Jones couldn’t sustain its’ bullish run and tripped badly this morning. From my technical analysis, I believe that USD would gather strength and take note on two separate trading counters:

EURUSD = Bearish signal triggered, possible to achieve 100 to 120 pips

Due to the high possibility of strengthening USD, the

chance of EURUSD breaking its support is also relatively high!

USDCHF= Bullish signal triggered, possible to achieve 100 to 120 pips

Due to the high possibility of strengthening USD, the chance of USDCHF breaking its resistance is also relatively high!

*** Moving Average 100 days (Blue), Moving Average 20 days (Green)

By Bulls Eye:

With this slump in Dow Jones, I think those worldwide fund managers or major players had their “Operation Window Dressing” completed with acceptable results. As such, they will be likely to be “hands off” from the market. I would be quite pessimistic with the outcome for the share market (KLSE) next week, my advice would be the same as my previous topic, which is to dispose the shares that has given you profit because I personally felt that the market would be very “cold & misery” till 1^st quarter of year 2013. I expect a drastic fall of 200 to 300 points in Dow Jones once the actual cash market opens.

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Disclaimer: The “signals” and “hints” mentioned above are solely based on Invest ACE’s personal technical analysis with the aid of professional training, decades of experience and meticulous foresight; Invest ACE shall NOT be held liable for any losses (financially or otherwise) incurred by any parties relying on aforementioned analysis without prior professional consultation. Should you wish to find out more on how to invest wisely, do not hesitate to contact Invest ACE via investace126@gmail.com.