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Technical Outlook

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Dow Jones Industrial Average ST: under pressure.
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Time: 17-05-2012 21:08:00

Pivot: 13055

Our Preference: SHORT positions below 13055 with 12240 & 12025 as next targets.

Alternative scenario: The upside penetration of 13055 will call for a rebound towards 13290 & 13680.

Comments: the immediate trend remains down and the momentum is strong.

Trend: ST Decline; MT Range

Key levels Comment

13680**

13290***

13055**

12513 Last

12240***

12025**

11740**

Technical Analysis
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TickerTime - (GMT+2)Title1 WeekChg1 MonthChgLastSup1%Res1%
Dow Jones17-05-2012 21:08:00Dow Jones Industrial Average ST: under pressure.-0-0125131224013055
AUD/JPY17-05-2012 21:00:00AUD/JPY Intraday: under pressure.0-078.68678.0579.35
Alerts
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TickerTime - (GMT+2)TitleMA20MA50MA20-50MACD_SLMACD_0BollingerRSI70RSI30VolumePeriod
GBP/USD16-05-2012 22:43:00GBP/USD------01 day
Gold16-05-2012 22:43:00Gold-------01 day
Candlesticks
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TickerTime - (GMT+2)TitleCandlestickLastOpinionInvalidationPeriod
Dow Jones16-05-2012 22:22:00Dow JonesInverted hammer12598.5512597.341 day
EUR/GBP16-05-2012 22:22:00EUR/GBPTweezer bottom0.79890.7951 day
Disclaimer
The information contained above is provided by Trading Central, and is not endorsed or recommended by Windsor. Any strategies or opinions expressed are those of Trading Central and not of Windsor. Windsor cannot guarantee the accuracy or validity of any of the information contained within.
Any information contained above is not intended as an offer or solicitation for the purchase or sale of any financial instrument, or to provide any investment advice or service.
Client should ensure that financial instruments are suitable for his/her own investment needs and seek independent advice if necessary.