Replies to post #24519 on Abet Chichi2 (Chichi2)

[chichi2]

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