Short term signs point up. My RumWave chart is showing a bottoming pattern. Extreme caution is advised here because the weekly charts favor medium term downtrends. Remember, my expected trading period is 10-15 days. This one may be shorter than that.
Scores:
"Score Total" since June ' 12:
DJIA 4 hr chart: MACD looks to be turning a corner.
DJIA Daily Chart: Bullish Hammer candle on Friday.
Overall, I expect the general market trend to be up for the short term.
GOOD LUCK NEXT WEEK!
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