Friday, January 27, 2012
Closing Numbers - 1/27/12
Mostly down day on Wall Street today, with the DOW down 74, the S&P down 2, and the NASDAQ up 11. I am not sure what kept the NASDAQ in the black.
Looking at the DOW, today was not as decisive a day as I would have liked. The MACD is still positive, and the upward trend is still intact. Anything could happen Monday. I would still be on the sidelines at this time though, as the RSI is still pretty high, so there may not be much upside left. Additionally, the MACD is very close to going negative. Current DOW chart is below:
