DOW (S&P) Daily 17th Nov 2008 Recap

"Weekly 50% level resistance, with the expectation price is pushing down into the Weekly lows.

Below and it's moving down into the blue channel support.

No probability on direction, simply trade the levels for day-trading"

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DOW Weekly and 5-day pattern

Choppy trading day with a bias to continue down into the blue channel on Monday.

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