DJIA - another black candle

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DJIA = 13543.40 (-0.38%)

DJIA again formed another black candle with a lower high, continuing its downtrend . A higher low suggest some bullishness which could be confirmed by forming succeeding higher lows. But todays trading suggest that the bears are still in control.

The local market may try to mirror the bearish sentiment of the US market. I hope MER manages to hold on to its recent gains. I believe today might be the day for 3rd liners to move up (PEP, TA, PA anyone?).

Good luck to all traders!

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