DJIA – Simple Trading Update – 13 December 2013 Close

simple trading

As expected the Dow Jones Industrial Average is holding support… for the time being.  The US equity index futures are down at the time of this writing (11:15pm 15 December 2013), but it is entirely possible that we will see price rally out of this support zone tomorrow and push higher. Interestingly, if price trades through Friday’s high without violating its low, it will present one of the most compelling short term buy setups available… Watch for it.