AI
Tuesday, August 21, 2007 7:14:29 PM
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 - Still Holding Ground..
"Dow trades sideways throughout session, holds beneath key resistance."
"The Dow closed the day with a 30 point loss and continues to build out within the boundaries of a tight consolidation. A breakout from this consolidation could spark the next triple-digit move. Watch this range closely."
http://www.signalwatch.com/markets/markets-dow.asp
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 - Still Holding Ground..
"Dow trades sideways throughout session, holds beneath key resistance."
"The Dow closed the day with a 30 point loss and continues to build out within the boundaries of a tight consolidation. A breakout from this consolidation could spark the next triple-digit move. Watch this range closely."
http://www.signalwatch.com/markets/markets-dow.asp
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