Tracking Friday's Dow Movement.

The last few minutes before closing has been use by me as determining what will be in store for the carryforward spillover.
"A Hangman" was noticed at the closing.
That's very dangerous.


Friday's candlestick covered back the previous day's body and did not have the strength to penetrate the top average.Stale bulls are on hand.
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Tracking the Dow Movement on Thursday 11/10/07

The overnight bull charge at full speed throughout the morning session before the bears growled and overwhelm them.The correction by profit-takers were healthy given the Dow having touched its historic high.In the final minutes before closing,noticed three powerful long white candlestick signifying fresh bulls are on hand to counterattack.

Wow! it's spinning at the neck-line.The bullish shadow at the top is longer than the bearish shadow below.This shows that the bulls have more options to manoeuvre and move further while the bears are limited to its downside.The market will be holding around these range so I think we should not be panicked by this temporary correction.