June 2, 2010

THE DOW TRIANGLE IN 2 HOURS CHART

UPDATED CHART - II
TRIANGLE UPDATED


  • The triangle is marked in the 2 hours time fram
  • Expected to give large move on the upside.
  • Triangles are known to give false break out's. This one may give a false break out on the down side.
  • 10000 should be held this week. and a break out above 10200 during next week will give target of 10400 and 10600.
  • caution: Take long trade only above 10200.

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