Here is a 3 month chart of the DOW prior to today's open.
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
Wednesday, February 20, 2008
Bermuda triangles everywhere
Most of the index charts are sporting this cosolodation triangle pattern. Bottom line is when this breaks (by Friday) it will be a substantive move whichever way it goes. Remember the trend is your friend and the Bear trend off the October 07' high is still intact.
Here is a 3 month chart of the DOW prior to today's open.
Here is a 3 month chart of the DOW prior to today's open.
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