Replies to post #24591 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 - 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