DOW Futures 22nd June 2009 recap

"As per Weekly report, there are 3 different plays this week based on the Weekly 50% level.

Resistance:- 8596

Trade on the side of the 5-day 50% level"


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DOW Weekly and 5-day pattern

Weekly 50% level rjection and 5-day breakout on Monday....

And as per the Weekly report:- the expectation now is that #1 is playing out and over the next

2-weeks trying to make its way back towards the June 50% level....






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