DOWN JONES INDUSTRIAL AVERAGE - $INDU
Monthly chart shows a break of the up trendline in place. Market has given back all the gains from last year.
Weekly chart shows h&s pattern triggered, with index closing for the week well below all key moving averages.
Daily chart shows index below all key moving averages. Look for a break of 12,000 psychological level next week as highly likely.
Saturday, January 19, 2008
$INDU Update for 01.19.2008
Posted by TraderZ at 1/19/2008 05:42:00 PM
Labels: $INDU, Head and Shoulder
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