Technical Insider

DJIA = 13,042.74 ( 1.69% ) DJIA formed black candle with lower high and lower low. 13,000 seem to be a psychological support level for DJIA. 13,000 was breached by the price action but DJIA managed to close above 13,000. If 13,000 is breached we might look for support at 12,700 levels Looks like bears are still very much in control of the DJIA... Good luck to all traders and be careful of your positions...

Bought some more MER at 80 Bought some more DIZ at 12.75 Bought LC at 0.46 and at 0.43 LC gap up at open, most actively traded, ZIJIN inks deal with LC for $70m project DIZ higher high MER seems to have support at 80 PX among top gainer, testing resistance at all time high EDC testing support at 6.9, lower low MEG lower low FPH lower low SCC higher high GMAP higher high AP lower low

Bought MER at 80 Bought DIZ at 12.75 Bought LC at 0.46 LC gap up at open, most actively traded, ZIJIN inks deal with LC for $70m project DIZ higher high MER seems to have support at 80

DJIA = 13,266.29 ( -0.25% ) DJIA formed another black candle with lower high and lower low. It seems to be forming a hammer candlestick which could be a signal for a reversal. We will know for sure if it has reversed if DJIA forms higher highs and higher lows after the possible hammer. Good luck to all traders!

TEL = 2985 ( -2.0% ) TEL formed another black candle with lower high and lower low. TEL seems to be forming support at 2970/2975 level. Good luck to all TEL traders!