DJIA : No stopping it just yet

The Dow keeps on going, but volumes are alarming low, probably because the clever money has been long to the hilt for ages now, and with low volatility, the ultra high frequency sharks have little to trade, hence the anemic flows of late.
Trade View
• Non stop for 5 solid months now, there is little if any reason to expect anything less than the 13,000 mark being retested this week, from where 13,160-13,190 is seen as its next actual price resistance.
• Although it may seem too good to be true, a move to 14,000 or beyond is entirely possible thanks to the green light given to the markets by Fed chief Ben Bernanke last week, and even though volumes are very low, there will be no stopping the Dow just yet.

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