Sunday, March 1, 2009

Dow Jones Slipping Lower - 13 Year Low

Dow Jones is now slipping near the 7000 Level. It is now 13 year Record Low. Once it Breaks 7000. The Support is gone. I expect a possible massive Market Sell down coming soon.
The Chart Below show that Dow Jones is on a Down Trend.


Since KLCI Follows US Market Closely. Most likely Monday will be a Down Trend as the dissapointing 0.1% GDP Growth and Dow Jones has also drop another 119pts to 13 year Low.

Attached is the KLCI Charts. The Next March Spot Month Contracts will start on Monday.

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