August 26, 2010

Dow Jones futures before opening bell

  • Dow Jones futures made a good recovery today from the low of 9916.
  • For today's trading session if the index continue to trade above 10032 a good rally is possible on the upside.
  • The rally also means price entering the falling wedge pattern which is good news for the bulls. 
  • Support line of the wedge can act as the resistance, 10138 level can also act as a resistance on the upside.

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