DOW E-mini 18th Feb 2008 part 2
US markets have continued upwards before open, and hopefully remaining above the Weekly 50% level pushing up towards the 5-day highs..
The DOW R144 is hitting the 3-day 50% level @ 12402, but it needs to complete @ 12421
Bearish pattern is a completion of the 144 range bar high and reversing then down below the 5-day 50% level and Support:- pushing down from the Weekly 50% level.
Posted by
Frank Dilernia