Wednesday, August 17, 2011

STI, Dow Support and resistence line........Are we looking at a Bear Rally or a Bearish Flag?

 FSSTI

 Sysmetrical Triangle Breakdown, measurement objective still at 50%, final correction pt stays at 2650
should Rebound push all the way above 3000, pictures should change. at the moment status quo...

DOW Ind

looking kinda obvious a bear flag is forming, alittle too obvious, there is a 50% chance to surpirse to the upside.
no change still expecting a retest of lows before a decent bounce abt 1250-60




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