June 17, 2010

Dow jones EOD analysis

DOW JONES HOUR CHART
MOVING AVERAGE



FALLING WEDGE

FIBONACCI LEVELS

  • The hour chart trend line has not been violated.
  • One can remain in the long trade as long as it is not violated.
  • The 2nd chart shows the price closing above the 200 day moving average for the 2nd day .
  • The falling wedge break out is working well.

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