This Stock Market Hours Report is brought to you by Jason Ng, Founder, Master ‘O’ Equity

This is going to be an independance day shortened week and a week with not many major release to rely on. The Dow gained marginally by 0.36% last week as it continued to move sideways on a weekly chart, waiting for the weekly 30MA to catch up with it. Like I mentioned a few days ago, there is 2 things the Dow will do right now. 1, wait for the weekly 30MA line to catch up whilst moving sideways or 2, do a minor correction back down to the weekly 30MA line. Looks like it is going on manevour 1 afterall. Let’s see how the game play goes this week.

After turning out a full month’s worth of signals last week, it is not strange for the Star Trading System to slow down a bit this week.

Thought For The Day : “Every Morning Marks A Brand New Beginning”