Friday, April 25, 2008
Update on Dow 26 April 2008
The Dow closed above the downward trendline from Oct 2007 for the first time early this morning.
The Dow has now confirmed the double bottom and (weaker) reverse head and shoulders patterns for 6 days.
With this close above the trendline, the chart patterns looks bullish.
I have yet to check on the indicators.
More to follow later.....
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