via $INDU – Daily Candlesticks.

It is finally here. After days of expectation. A good down day pull use closer to the 20 EMA for DOW. Of course, the news explain that it is because of Middle East tension. I don’t see the Egypt situation pull the market down. It is just funny now that I see how the news are make to fit the market.

Anyway, I hope this is a healthy pull back. Will see if it touch the 20 EMA and then bounce back. If so, it will be great to get into some stock in my watch list.

If it keep pass 20 EMA, 50 EMA etc, I will put some money into short ETF. So, just let the market tell me what I should do.