Tuesday, August 25, 2009

Expanding Triangle in DOW - 25 Aug 09

DOW Jones Chart - Daily:
Dow Jones formed Expanding triangle in price pattern, yesterday it touched the the resistance line and formed a candlestick doji, shooting star on top. We may see some pull back in DOW. If it gives the breakout from the resistance line it may move much higher to reach the target of the Expanding triangle.

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