Dow 09/08/01

ChartMan

Legendary member
5,580 46
Could we be in for a small rally? The down trend break below support got severely hit to 200 odd, but bounced back quickly to form a double bottom.From then on we had a nice rally, testing 300 3 times and forming a bull wedge.Uptrend support and horizontal support are at 250 ish.Upper resistance is at 400, and that could be the target tomorrow.Contrarian view says drop to support, maybe, then retest 300...
 

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