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Dow Jones Stock Market June 2009

September 9th, 2009

Stock Market Crash: The Dow Jones is encountering major resistance in both time and price, and looks set to resume the selloff to the lows. This video looks at the technical analysis chart and gives the current picture for stock and stock index traders.

Asoka Selvarajah is a former investment banking trade strategist with major Wall Street firms such as Merrill Lynch and Bear Stearns.

He covers trading in commodity, stock, stock index, futures, option and forex currency trading from a technical analysis perspective. From day trading to the longer investment time-frame, we look at financial markets from the view of the speculative trader.

Duration : 0:9:57


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9 Responses to “Dow Jones Stock Market June 2009”

  1. Comment by Poejj

    Hope you weren’t …
    Hope you weren’t shorting like crazy at the end of June chart boy.

  2. Comment by chisaiwonder

    oops
    oops

  3. Comment by chisaiwonder

    oops
    oops

  4. Comment by brettrobson1984

    I agree, I think …
    I agree, I think the bear market rally has run its course. Im not sure if we will make new lows though.

  5. Comment by richardgordon

    As always a very …
    As always a very interesting analysis by Asoka.

    Many thanks.

  6. Comment by OnlineTradingRebel

    SoulHarvest2012. …
    SoulHarvest2012. Thanks for a very helpful comment. It’s useful feedback and helps me to focus on what people want to see.

    As I write this, the Dow is now at 8319, having made a top yesterday on the 50% retracement to high. Would now expect to see the selloff continue in earnest as described in the video. Asoka

  7. Comment by soulharvest2012

    0:40 Thank you …
    0:40 Thank you soooo much. You wouldn’t believe the number of people who insist on boring you with the details, and frankly it’s excruciating to have to sit through. As if anyone who has been trading for more than a few weeks doesn’t know how to draw in sup and res.

    Great video. Smooth. Clear. And to the point. You say what your opinion is, and then you explain why. Perfect! That’s just what I want to see.

    Just added you to my subscription list. Thanks again.

  8. Comment by bjmccullough

    great work…keep …
    great work…keep up the great videos…from nikei bruce

  9. Comment by dabberdan22

    this dude is right …
    this dude is right look up FORCE MAJEURE on google. LOL funny thing is just type in FORCE and the rest will come up!!!! LOL google is a cia front!!!!! the illuminati have to tell you everything !remember one thing from me look up “georgia guidestones” and remember don’t take a RFID chip…. YAHWEH OR TRUE GOD!!!!!!!