Dow 16th Dec 2009

Dow has yet again hit the strong resistance level (mentioned in prev entry) and headed downwards for 2 consecutive days.

Signs of increasing interest in selling. I wouldn't be surprise if it continues to be red on the 17th Dec.

Dow Jones as at 3rd Dec

Dow Jones Industrial closed -86.53 (-0.83%) with a volume higher (almost twice) than the day before. It has tested the 10500 range 3 days in a row before heading down on those days. Am anticipating a drop tonight with all the technical indicators turning downwards.