June 14, 2010

Dow jones a possible double bottom formation

  • There is a possibility of a double bottom formation in dow jones
  • I have shown it in the hour chart.
  • The two bottoms comes at 9759 and 9773 they are not exactly equal but roughly equal That is enough for the formation of a double bottom.
  • Caution it is only possible on a strong close above the red line with high volume.
  • OTHER POSSIBILITIES IN DOW JONES CLICK HERE

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