Stocks plunge

According to technical analysis to predict the Dow Jones fell.
4/23,4/26,4/27 Evening Doji Star.
4/29,4/30 Tweezers,Engulfing patterns.
4/9~5/4 S-H-S, 11000 is NL.
5/4 Through the MA(25),The best selling point.

Attach file is Photo Caption.

 

Good analysis.
Looks pretty bearish. Though the longer term MA offers some support.

 

i don't know when we're going to see the dow climb back to 11k.

i don't mind though. i'm long on "qid."

 

I think that any support needs verification. So we don't know where it is.

 

i think support is right round the 9.9 - 10k range.

just my discretionary analysis. no charge

 

Marketwatch says SELL SELL SELL

lol, depressing news.


http://www.marketwatch.com/story/crash-is-dead-ahead-sell-get-liquid-now-2010-05-25


I think they're overreacting, but what do I know I just started.

 

I like this though...

 

Stocks are in a stable downward trend. When out of the bear market is not known. We can only wait and see.

 

For this analysis, do you have any comment?