Friday, May 6, 2011

DJIA Will Has More Downward Consolidation To 12000-12200 Points If UTL Is Broken, 06-05-2011

Wall Street Recap: Dow falls 1.1% on weak job data and sell-off in commodities
Amid disappointing weekly jobless claims and furious sell-off on commodities prices, the Dow tumbled 139 points overnight before bracing for the crucial April jobs report tonight.

The broad-based retreat was sparked by weakness in shares of energy companies as oil prices plunged 8% to US$99.6/barrel. It was the largest one-day decline since April 2009.

DJIA Will Has More Downward Consolidation To 12000-12200 Points If UTL Is Broken.
DowJones06-05-2011


Source: StockCharts.com

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