Thursday, March 29, 2012

How did DOW Close yesterday?

Dow

As you can see from the attached list, you can see that DOW Closed with a Bullish Bias. Yesterday, 

The best performance is achieved if the Day Trend is in "Hold" mode and the Bias is Bullish or Bearish. Then there is a high chance that the Index / Stock may reverse the trend in the "Bias" direction. of course, there could be days which does not follow this theory. The back testing says, in majority of days the theory works.  

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