DOW Futures 24th April 2009 recap

"This week is all about the Weekly HOOK pattern:- higher Friday close.

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

5-day highs random resistance"

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DOW Weekly and 5-day pattern

This week saw a Weekly HOOK pattern on Tuesday, therefore there was a bias to close higher on Friday.

Once Price started above the 5-day 50% level ,Friday never looked back.

Weekly report out later


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