Wednesday, July 29, 2009

Is Dow Jones at top? or this is a bear trap?

Dow Jones Chart:
I think there is high possibility that we are at or near the intermediate top. Dow Jones is as high as it was back in Jan 6th 2009. Does history repeat it self?
We will find out soon what is going to play out. This forecast is in absolute contradict with my inverted head and shoulders pattern article. I recommend to read both then decide which one makes more sense.
Pay attention to GDP data, on Friday we are going to get the GDP that will shake the market.