DOW Futures 4th MAY 2009 recap

"Expectation of higher prices in MAY, with a push up into the Weekly highs once again.

Trade on the side of support

At this stage I lean to a push up into the 5-day highs on Monday"

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DOW Weekly and 5-day pattern

US markets continue to push towards the MAY highs @ 8525

Currently the Weekly highs could resist price this week and then see another move up towards the MAY highs....

or it could just continue higher this week and finally hit some resistance using the Monthly ranges.



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