Promising outlook, but nothing's writ in stone.

With the jittery environment we have today, markets turn at the slightest hedge fund manager's whim.

But the Dow technical chart as of last night looks promising:














A candlestick hammer has appeared with a long tail resulting from the opening drop of 200 points(scary!).

The tail has rebounded off last October's consolidation area so there is a 65-35 chance of a strong rebound on the cards.

Buy selectively on oversold counters!