Today was great day with Dow Jones jumped 254.75, or 2.54%, to 10,269.47. Many market advisors are saying that many investors were waiting for this moment.

Also according to the NYSE summation index (you can check out here )  , the falling has been stopped and turned into the positive area. As you can see in the past data, this positive trend may not continue, but if it dose for few days, I think we will see bull trend throughout September.

Also look at the RSI14 value, it is touching near 30 and there is lot of room to go upward.

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Today’s jump changed market sentiment, and I would recommend to buy ETF if you don’t have specific stock in mind yet, but want to ride the upward trend.

  • Direxion Daily Large Cp Bull 3X shs (ETF)  BGU ($44.57 9/1/2010 / $75.50 3.09 +4.27% Now / +69.40% Change)
  • Direxion Daily Small Cp Bull 3X Shs(ETF) TNA ($37.49 9/1/2010 / $63.13 4.00 +6.77% Now / +68.39% Change)
  • Direxion Daily Mid Cap Bull 3X Shs(ETF) MWJ ($29.26 9/1/2010 / $41.02 1.90 +4.86% Now / +40.19% Change)
  • Direxion Daily Finan. Bull 3X Shs(ETF) FAS ($19.86 9/1/2010 / $90.80 6.21 +7.34% Now / +357.20% Change)

But these are volatile and sensitive to the market price , so you should be highly alert and careful. If you wan to be more careful, you can simply buy below ETF and directly play Dow Jones or S&P 500 indices.

  • SPDR Dow Jones Industrial Average ETF DIA ($102.80 9/1/2010 / $128.37 1.53 +1.21% Now / +24.87% Change)
  • SPDR S&P 500 ETF SPY ($108.46 9/1/2010 / $134.54 1.86 +1.40% Now / +24.05% Change)

Happy stock trading!