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Friday, June 26, 2009
Get a 'Dog' !
The last two week's candlestick pattern is a Bearish Engulfing Pattern (subject to confirmation). This is a bearish reversal pattern that marks a potential change in trend.
Candlestick weekly chart for DJII posted SELL-IF signal. The BUY recommendation made on 03.20.2009, when the index value was 7,225.3 . Since then DJIND has gained 17.26%
Buy DOG-NYSE @ $66.80
DOG, ProShares Short Dow30 seeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the Dow Jones Industrial AverageSM Index.
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