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Showing posts with label rising wedge. Show all posts
Showing posts with label rising wedge. Show all posts
Tuesday, October 25, 2011
Wednesday, August 25, 2010
DJ & S&P 500 24/08/2010
DJ and S&P broke down from the falling wedge pattern. Also broke the Head and Shoulders pattern. There should be more downside.
DJ
S&P 500
DJ
S&P 500
Sunday, August 22, 2010
Tuesday, June 29, 2010
Wednesday, June 9, 2010
Wednesday, June 2, 2010
Wednesday, May 6, 2009
SPC 06/05/2009
SPC faces trendline resistance as the price touched the upper trend line today. It also met the inverse H&S TP of 4.01. Again, it doesnt mean the price cannot go higher, but, caution needs to be exercised on any long position. Overhead resistance lies at 4.2. Any consolidation near the bottom trendline should be good.
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