May 27, 2010

DOW JONES INVERTED HEAD AND SHOULDERS IN 4 HOUR CHART

DOW 4 HOURS CHART

  • DOW JONES HAS TO BREAK ABOVE 10150 FOR COMPLETING A SUCCESSFUL INVERTED HEAD AND SHOULDERS BREAK OUT.
  • BREAK OUT AND TRADING ABOVE 10150 WILL LEAD TO A TARGET OF 10450.
THANK YOU


2 comments:

  1. Remember the failed head and shoulders last July, and then the market rallied the rest of the year. Just a thought that the inverted head and shoulders may fail, and the market tanks the rest of the year. Your "line in the sand" is the battle ground!

    ReplyDelete
  2. @Seth
    We have a break out now lets see if this one fails or holds 10150. If the market holds on to this break out we are going to see another high this year itself.

    ReplyDelete

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