DOW

And there appears to be a bullish divergence on the daily RSI too.....

Look at how the dow bounced of the 200ema perfectly today .
Thats respect for you


dl.dropboxusercontent.com/u/4899609/dow9thoct.png

I've also been waiting for that trendline (the spx equivalent actually) but there's also a possibility of a hammer yesterday (not a perfect one) at the 61.8% Fib and historic support/resistance at 15073:



dl.dropboxusercontent.com/u/20815047/Dowdaily01_10_13.png

Just a possibility...

Worth a long at the short term up trend line on a first attempt basis.(14989) with a 40 point stop during market hours only.This could be a good level for a bounce tomorrow??



dl.dropboxusercontent.com/u/4899609/dow30thsept.png

rumors of the END of QE might help that short too


ooops...forgot link:

www.reuters.com/article/2013/09/17/us-us...dUSBRE98G18K20130917

Im gonna be shorting the dow at 15658 with a 40 points stop for today only.
This trade will be placed until 8.30pm UK time. This is a first attempt trade only.


dl.dropboxusercontent.com/u/4899609/dow17thsept.png