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Re: chichi2 post# 24519

Monday, 08/20/2007 7:20:51 PM

Monday, August 20, 2007 7:20:51 PM

Post# of 76351
SignalWatch (EdDowns) DOW (H&S forming?)

From prior commentary, "...The Dow is now holding within the boundaries of a potentially bullish inverted head-and-shoulders pattern, which has a neck line (resistance) at 13,200. An upside break through this level could send the index back toward prior highs at around 13,700..."

DOW - Holding Ground..

"The Dow ended the day with a modest advance to the Close, but continues to sit beneath the 13,200 level. Watch this zone closely, as this fulcrum will likely spark the next key directional move."


http://www.signalwatch.com/markets/markets-dow.asp


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