In the last 2 weeks we got 27,021 new short contracts opened for Dow Jones Industrial Average and only 11,130 new long contracts opened for this index.This is almost 2 1/2 times more new short contracts opened for this index than new long contracts opened.This is bearish and quotes for this index is expected to drop soon.Check my stockindex2015 charts on my free websites:http://futuresandoptions.wix.com/cotswingcharts and http: and http://afaria32.wix.com/cotcharts and http://cotreportfreeswingcharts.my-free.website/cotswingcharts.wix.com/freecotcharts
My bullish vs bearish opinions/signals and charts on this blog or social networks are not a recommendation to buy, hold or sell securities.You need to do your own research when it comes to investing your money because there is no foolproof algorithm or strategy that can assure you a profit.You can only lower your risk of trading by getting more and better information.By following up my blog posts you will find out which securities have the highest vs lowest risk of trading.
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