DOW S&P 12th December 2008 recap

"Weekly highs rejection and price is back down into the Weekly 50% level....

Friday:- at this stage we need to treat the US markets as simply trading within the
5-day range and rotation up.

If there isn't any breakout of Friday's lows and price is rising upwards late in the day, then US market could travel as high as the blue channels once again"


Premium Report



DOW Weekly and 5-day pattern

US markets bounce off the Weekly 50% level and move up towards the Blue channel 5-day filter.

The only sad part of the move was, I would have liked prices to have bounced off Friday's lows....

Weekly Report out now...



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