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Saturday, June 19, 2010

Is US benefitting from the EU crisis? US Dow Jones chart reveals it all.

The charted above dated 19/06/10 clearly shows that US stock market benefitted from the EU crisis whereby there's a huge capital inflow of funds into the stock market based on the average trading volume.  This usually is a precusor of future trend which can be seen that Dow Jones had rebounded from the doldrum 2 weeks ago.

However, if the reversal happens, that is, a declining trading volume or an outflow of funds, then it is better to sell before this mini rally ends.

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