Posts Tagged by fedex as a market indicator
Watch Fedex for Confirmation of Renewed Downtrend
| August 20, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The DJIA closed Thursday at 10,271.21, down 1.39% . The Dow does have almost 600 points to drop before it confirms a downtrend – 9,620. Although, a drop below 10,000 is the early (less viable) signal. The S&P 500 is very close to a prior low, and a drop below it indicates broad…

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