YM (DOW e-mini futures) did a sharp bounce after the close of regular trading on Friday from a low of 11162, just 2 points above 38.2% of 2006 range. That was a pretty clear signal that index could have bottomed for now. Keep an eye on 20 dma resistance at 11238.
This entry was posted
on Sunday, April 02, 2006 at 10:19 PM.
