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Kevin Wilbur
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Kevin John Bradford Wilbur is the President and Founder of ProtectVEST and AdvanceVEST By EchoVectorVEST. He is also the Chief Architect of the Motion Dynamics and Precision Pivots Forecast Model and Alert Paradigm, and the Senior Developer of the ProtectVEST and AdvanceVEST Active Advanced Risk... More
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ProtectVEST and AdvanceVEST
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The Market Pivots Forecaster And Active Advanced Position And Risk Management Newsletter
    May 11, 2012 7:37 AM | about stocks: DIA

    A technically precarious and negatively indicating quarterly pivot was achieved in after hours trading yesterday in the Dow 30 Industrials.

    This pivot continued in Asian trading but has since moderated in European trading. Should it be reasserted in US premarket trading, this would be a negative outlook indicator.

    Pivot testing occurrence, though dramatic and negatively implying when they occur, sometimes find support.

    (click to enlarge)

    Disclosure: I am long SPY.

    Stocks: DIA
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