Stock Market update 6-13-11

I commence with my gratitude to The Creator

Nothing goes down or up without a pause. We are in the correction, most probably a new bear trend. However, Markets tend to move in zigzag.

The close of Friday (according to your own strategy) is the stop for longs entered on Friday.

If this rally is to continue (which I think it will) for next at least 3 days and unto 5 days, it may try to test the double bottom.

Market must not trade more than 2 hours lower than Friday’s level (6-10-11), otherwise, rally would turn into a bulls-trap.

Remain Blessed

THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

http://trade-in-harmony.blogspot.com/

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