Thursday, May 29, 2014

US Stocks Cruises Higher vs. USD Slide

NOT JUST FOREX:  Wall Street is riding high with the US DJIA continued its advance @16,698.74 with a valid 52 week high week range @16,735.35; contrary to the few times that it declined. And now, everyone is paying attention & are set on the ECB report. however, being the last trading day for the month of May '2014; do expect some normal corrective moves. 

By 'Tracking & Trend-following'  the main DJIA with the SPDR DIA is @166.78 (+0.42%) rise, likewise registered a 52 week range between a 145.17 Low and a 167.29 high would provide a better perspective on how correlations do affect price action activity. And comparing it with the Pro Shares Ultra DOW30 (DDM) which is @117.75 (+0.93%) has a 52 week range level set between 87.98 low vs. a 117.96 registered high. 

For now this rally can only get better with some of MegaTrade101 prominent client investors were fortunate enough to ride well contrary to the previous mid-rise & decline of volatility seen in the market. Asian Main Street Investors with access to primary and secondary markets couldn't be more glad to have these information available to them and likewise be validated from Wall Street market movements. Click here

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