Friday, June 1, 2012

Dow Jones - What Is It Heading?


I was just studying the activity of Dow Jones. It is currently in a trading range where no indicators can see where is it heading. On one day, it seems like it was going to trend higher, on the next day, it came down. I am not a price action person but a psychologist. So from a psychological point of view, tonight is a critical night, it's either the buyers come in to save the market or the sellers will continue to win the battle. We shall see.

Ronald K - Market Psychologist - The Big Speculator