DOW S&P Daily 21 August 2009 recap

"Bearish this week until Wednesday's price action resulting in Weekly HOOK patterns and a small range day on Thursday.

Weekly HOOK patterns normally favour higher Weekly closes (higher Friday)"



DOW S&P Weekly

US markets continue with the move upwards this week helped by Wednesday's HOOK patterns and Friday's higher daily close.

By the look of Friday's trading the S&P should reach the Yearly 50% level next week:- 1038


  • Daily Trading Set-ups & Analysis
  • Index Futures SPI, DOW S&P, & Forex
  • Subscribe to the Trader Premium
  • http://www.datafeeds.com.au/premiumtrader.html



    • Posted by