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US TECH 100
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techcharter

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techcharter

Re: None

Thursday, 05/15/2008 10:46:50 PM

Thursday, May 15, 2008 10:46:50 PM

Post# of 51808
INDU Intraday Symmetry

Start with last Friday's lows as the point of symmetry. Notice how the tops and bottoms of every multi-hour trend are lower after the bottom than with the multi-hour trends before Friday? This would suggest a large market force is pushing down on the price. The SPX broke the multi-week high, but the INDU did not. This non-confirmation also points to weakness.


http://www.marketwatch.com/tools/quotes/intchart.asp?submitted=true&intflavor=advanced&symb=INDU&origurl=%2Ftools%2Fquotes%2Fintchart.asp&time=18&freq=9&startdate=&enddate=&hiddenTrue=&comp=Enter+Symbol%28s%29%3A&compidx=aaaaa%7E0&compind=aaaaa%7E0&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=3&optstyle=1013
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