DOW TRIGGERS SHORT TERM BUY SIGNAL

There is a lot of bearish comment about the equity markets...many long term bulls have now moved to the bearish camp and see the current action as just a correction in a new bear market. However, InvesTRAC's short term system has triggered a buy signal with the forecast model showing that strength could be expected to continue into the last week of April. The daily chart below shows how the Dow has lifted off solid support and is reversing above resistance which allows it to move higher.