via $INDU – Weekly Candlesticks.

The weekly MACD still refuse to cross. So the long term trend still bull, but it is not looking strong. Again, dow close on friday again telling you “nothing”. A five straight day of conoslidation. It close this week right at 11500. So, we need a strong volume and up or down to be confident if bull or bear in control here.

My CTEL and EZCH are both bounce back well today. I enter at their 20 EMA and go up quick right before the market close. It is now both making modest gain. I hope it is working out well next week. Going into the holiday next week. It is best to get the money and get out so that I don’t have to worry about them during the holiday.