Monday, June 8, 2009
DOW STRUGGLING AT 200 DMA
UPMOVES STARTED GLOBALLY IN FIRST WEEK OF MARCH. WE STRUGGLED FOR FEW DAYS AND CROSSED 200 DMA IN APRIL WHICH WAS AROUND 11300.DOW HAS REACHED AT 200 DMA NOW AND DOW IS STUGGLING THERE AND IT IS NOT ABLE TO CROSS IT DECISIVELY.ITS FAILURE TO CROSS 200DMA WILL CREATE PRESSURE IN WORLD MARKETS.
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