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Posts Tagged ‘ Trend Change ’

Feb 17
Tuesday

Major Trend Change - Dow Turning Point

Filed under Commodities, Discrepancy Trading, Dow Jones, Jim Rogers, TheInflationist StockPicks, Your StockPicks

TheInflationist puts an order to open for a long position at 7480 $5/point; 7390 at $5/point; and 7320 at $10/point. Our indicators suggest a major trend change is due. The Dow has dropped by 1340 points from a high in 6 January 2009 - that is a fall of 14%. Prior to any trend change, markets usually capitulate or surge prior to the ensuing trough or peak (respectively) to follow. Continue…

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