As i had stated in my previous post dated Oct 13 that venture is in its uptrend move this few days and we set a target breakout at 9.55. Till yesterday it show to me everything is in order. We are almost touching the level....Keep it up venture !
As for sti, finally the long winded index has reached 2700 again. This is still not a good moment to celebrate the next up trend move yet. As i se we will still need a strong break out signal to push it up firmly. Orelse the pattern may turn into trible top and it is not good at all. My strategy is to be more patient this moment, i understand a wrong direction move can cause big trouble. Well lets patiently wait for another 1 to 2 days to confirm the trend.
In my early post dated Oct 10 i had stated dow will reach 10000 in few days time & it does happen.What next ? It may go up further but not much room already.
Cheers
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