DOW JONES INDUSTRIAL AVERAGE - $INDU
Today's trading activity shows the bears are now in control, taking back all the gains the bulls made on Friday. Look for continued weakness, a test of the August 2008 low, and then a lower low to the .786 fib level as initial downside target. It looks like the market is tracing out a large consolidation pattern/trading range before the next leg (lower).
Monday, August 25, 2008
$INDU Update for 08.25.2008
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