Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 7, 2012
Dow Jones Rising Wedge
Dow jones weekly chart shows price violating the Support line of the Weekly rising wedge.
Daily chart shows price violating all crucial moving averages including 200 SMA.
Fib levels shows price nearing 50% Fib level.
Weekly bears need a close below the rising support line for a perfect breakdown.
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