Sunday, February 7, 2010

DJ 30 at important level for resistance

DJ 30 got touchdown with EMA(200) resistance level on 3 yr chart, it has come up very fast from 6500 to 10000 level in short period of time. I enjoy this ride.....Time to be careful now....I will watch for EMA(12) cross over to EMA(200) for break out for long term and in short term swing trading market gives plenty of opp. every day to make good trades.

Gold was down significantly from all time high, I will play HGU.TO to make short term profits if gold shows some corrections which I think is very possible.

Happy Trading !!!

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