August 13, 2010

Dow Jones Futures in a triangle pattern

  • Dow Jones futures 30 minutes chart in a triangle.
  • Break out can give close to 100 points towards the break out side.
  • False breakouts are also possible. Triangles are known to do that. But dow is 400 points down from 10700 so an upper break out can be traded for a small bounce.

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