Market still open and currently is at green area. First falling weekly jobless claim and help from EU for Greece boost market. From technical point of view, dow at resistance line, but has not recaptured above the MA 20 and 50. If we trade based on news, trader can do speculative buy because if there is no bad news to be discounted, market should go higher from now. Or we can wait until higher low of Dow are formed and go long from that point.
But until that time, I will stay bearish.
Best regards
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