Sunday, 14 October 2012

Dow - bullish option

The bullish option for the Dow would have us completing a test of trendline support,support from the 50 dma and support from the previous highs.If the Dow holds support and we get a bullish candle like a hammer next week this option should be respected.
 I have formatted a 1 year cycle off the late November,early December highs and a measured move as a possible roadmap for this scenario.






and AAPL



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