Today's Opening - 480
Today's High - 484
Today's Low - 470
Today's Closing - 471.1
Previous Day's Opening - 483
Previous Day's High - 487
Previous Day's Low - 475.5
Previous Day's Closing - 478.1
The lower closing is accompanied by highest volumes since 7th Sep. The important support level of 471 mentioned in my previous post has been broken. Not good signs at all.
The Positive Directional Index has dropped for the sixth straight day.
The 3, 10-day Moving Average Convergence Divergence is at -9.5, lowest in the previous six days.
The 12-day Rate of Change at -9.2% has been going down for the past six days.
Watch out for 461.
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