Tuesday, April 29, 2008

Dow Jones Industrial Index Clone Shooting Star Doji Candlestick Pattern

Giant hanging man followed by tiny clone shooting star doji candlestick charting pattern. Expect a drop towards the green dotted line support at 12765. If this support hold does not hold the next support is at the mid Bolinger Band at 12640. Conversely, if the unexpected happens the index will propel towards the upper resistance line of the raising wedge and test the 13000 mark.

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