Watch Out For Dow Jones Industrial Average Performance !

I have stop for two days for not posting any article here. My intention is to let my readers to survey and analyst the content of the article that I have posted two days ago. Yesterday the KL Composite Index still trying in the last one hour trying to move and close higher but the sentiment is getting weaker and weaker. It is quite dangerous at these moments.

Based on the chart that I have posted, today's trading will be the 43rd days. That would be the same duration of time as previously done during February 2007 up-trend before a major correction set in. Now the question is, what would be the sources that going to bring down our share market and go for a correction ?

A check on the Dow Jones Industrial and the Nasdaq Index are showing more sign of weakness and even the Nasdaq Index already showing sign of selling with the Parabolic SAR call for sell in the last three days. Remember to read this article too "Is It Time to Sell in May and Come Back Another Day?"

Dow Jones Industrial Average this morning closing will determine whether our share market still have enough strength to go on ? But I'm really doubt about it as the indicators telling me something fishy is going to happen to DJIA in these few days. When I wrote this article, the DJIA was down about -40 points. If DJIA manage to close with little losses then it will be alright for a while...

I'm suspecting that the DJIA will bring the whole world equity market down. Just beware for anything that can happen overnight. Who knows ? Take this as a measure to determine whether the world equity market is going to follow DJIA track ?