As Yahoo Finance no longer is licensed to allow downloading of DJ family of data. CME and DowJones (the owner) requires paid subscription. Going forward, I would looking S&P500
as an indicator of US market.
To align with our earlier discussion on 20 Jun and 30 Jun 2012 on DJIA, look out for potential weakness in S&P 500 around 1377 - 1384. As shown on the chart itself, on 18 July, it seems to touch the upper bound of uptrend Andrew's Pitchfork. A possible of reversal?
Relating back to FSSTI, the Singapore local index, on 18 July, it created an inside day bar and a candlestick looks like a hanging man. Depending on the price action of FSSTI on 19 July 2012, a move below 3000 may signal the possibility of a pullback to 2950 - 2960.
...
