Dow Jones Financial has formed a descending triangle if it won't move higher to to take out 220 things get ugly. As I mentioned before if it breaks the 202 would be the signal for bears to come out their caves and push the index lower.
Tuesday, June 30, 2009
Descending Triangle Formation in Dow Jones Financial (June)
Dow Jones Financial has formed a descending triangle if it won't move higher to to take out 220 things get ugly. As I mentioned before if it breaks the 202 would be the signal for bears to come out their caves and push the index lower.
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