Wednesday, October 13, 2010

DOW for you.

White side by side lines occurred on DOW for the last 2 trading sessions. Last time a similar formation occurred was in Apr 2007. Notice what happened later on…

 

Both the 2007 formation and the latest are shown, for your study, in the attached charts. Hope it helps.

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES