The moment of truth for the Dow

The Dow has reached a critical juncture - but where will the market go from here? John C Burford uses his tried and tested trading methods to find out.

It's time to look at the Dow again.

As you'll know if you've been reading MoneyWeek Trader for a while, I've been looking for a top in stocks to complete the massive bear market rally off the October low. But it hasn't happened yet.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.