Current Market

Forecast movements for the Dow Jones Industrial Average (^DJI).

18 November 2009 - Week Range 8835 - 8273 end 8273
IndicatorEventForecast
Volatility Index (^VIX) MAFlatMarket Flat
Bollinger Bands (^DJI)Bands stable spread.Market Flat
Fast Stochastic Oscillator (^DJI)Mid rangeMarket Flat
Money Flow Index (^DJI)Tracking 50%.Market Flat

Possible Interpretation: Market flat.

Possible Approach: Hold.

11 November 2009 - Week Range 9625 - 8695 end 8870
IndicatorEventForecast
Volatility Index (^VIX) MAFlatMarket Flat
Bollinger Bands (^DJI)Bands stable spread.Market Flat
Fast Stochastic Oscillator (^DJI)Mid rangeMarket Flat
Money Flow Index (^DJI)Tracking 50%.Market Flat

Possible Interpretation: Market flat.

Possible Approach: Hold.

4 November 2009 - Week Range 9325 - 8990 end 9319
IndicatorEventForecast
Volatility Index (^VIX) MAFlatMarket Flat
Bollinger Bands (^DJI)Reversal confirmation with rise above MA. Bands contracting indicating stability.Market Rise
Stochastic Oscillator (^DJI)%K moving up from and crossing above %DMarket Rise
Money Flow Index (^DJI)Negative but rising, indicating support for rise.Market Rise

Possible Interpretation: Market rise.

Possible Approach: Selective long positions with stops.

28 October 2009 - Week Range 9033 - 8175 end 8175
IndicatorEventForecast
Volatility Index (^VIX) MARisingMarket Fall
Bollinger Bands (^DJI)Confirmation failed, falling trend resumed, bands remain spread indicating continued volatility.Market Fall
Stochastic Oscillator (^DJI)%K moving down from and crossing below %DMarket Fall
Money Flow Index (^DJI)Negative, tracking 20%Market Fall

Possible Interpretation: Market fall.

Possible Approach: Review Stop Loss points. No new long positions.

21 October 2009 - Week Range 9310 - 8577 end 9265
IndicatorEventForecast
Volatility Index (^VIX) MARisingMarket Fall
Bollinger Bands (^DJI)Rising trigger initiated, to be confirmed by rise above MA (upper 9,000)Posible Market Rise
Stochastic Oscillator (^DJI)%K moving upwards from below 20% and crossing above %DMarket Rise
Money Flow Index (^DJI)Negative, tracking 20%Market Fall

Possible Interpretation: Weakly supported market rise with possible reversal due to lack of buying support as indicated by the MFI.

Possible Approach: Trade short term volatility, use over brought, over sold indicators.