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[Previous entry: "MACD Stochastic clarification."] [Main Index] [Next entry: "FibMaster update, FOREX trades."]

10/24/2007 Archived Entry: "FibMaster update, DOW and S&P."

The DOW and S&P are both bullish right now! You don't believe me?

Well, I'd agree that the markets have pulled back hard lately, but we are at the first of two major support levels. There is another one lower down if this one doesn't hold. And below that are the long-term supporting trend-lines.

So in the bigger picture, the long-term charts, the markets are in a counter-trend pullback. So the long-term trend is still intact, upward. See todays market update for specific details;

Click here for FibMaster's chart update.

(At some future point these update files will be removed due to space restrictions)

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