16.520
DJ Support : 16.370
16.174
16.058
Dear Traders and investors,
We are in 2014 and I wish you all the best for this new year.
Not too much to comment this short week.
The Dow Jones Index Average with the Christmas rally almost got its technical goal, approximately DJ16.600, from "V Reversal" (October low) as I indicated on the December 11th update.
The Dow Jones is in new territory with a bullish perspective.
The question that all we do is what we expect for the market in 2014. We are working on it. I suggest to read Nouriel Roubini in "Slow Growth and Short Tails" . The market will improve from next week with the senior traders and investors return. We are seeing low volume these days.
I enclose the yearly chart to navigate during these days. Please click over the chart to enlarge it.
Good luck, viel Glueck, buona fortuna, buena suerte, bonne chance!
Ulises
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