DOW S&P Daily 4th November 2008 Recap

"Higher Weekly open and looking for a 2-day pullback-stall.

Break of support on Monday and expectation of a 2-day pull back into next days support or the 5-day 50% level.

Tuesday's 5-day high random resistance"



DOW Weekly and 5-day pattern

Tuesday in US markets continue to move back into the November 50% levels, and could go as high as the Weekly highs this week.

Ideal pattern of moving down into support and rising higher didn't play out today.

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