Meanwhile, the equivalent Pro-Shares Ultra DOW 30 was at a real good discount / spread levels @113.33 with the DJIA price. Likewise, the opposite occured prior to the decline when it was 17151.38 for the DJIA compared to the DDM @121.75. New highs would eventually form prior to the coming weeks ahead.
Sunday, August 24, 2014
NOT JUST FOREX: DJIA / DDM
The triple digit decline in July after coming from a gradual climb did touch its initial high @17151.38 as indicated on the chart figure below. While the pivotal price point from a 16333.78 low and reverses on the way higher have been the trigger for most investors to risk contrary to others calling a continuing decline since it broke the 16500 levels.
Meanwhile, the equivalent Pro-Shares Ultra DOW 30 was at a real good discount / spread levels @113.33 with the DJIA price. Likewise, the opposite occured prior to the decline when it was 17151.38 for the DJIA compared to the DDM @121.75. New highs would eventually form prior to the coming weeks ahead.
Meanwhile, the equivalent Pro-Shares Ultra DOW 30 was at a real good discount / spread levels @113.33 with the DJIA price. Likewise, the opposite occured prior to the decline when it was 17151.38 for the DJIA compared to the DDM @121.75. New highs would eventually form prior to the coming weeks ahead.
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