Tuesday, July 22, 2008

22Jul08 - PreMarker Review (DOW 5 Mins)


clearly, last week's rally started to show weakness since last Fri and again on Monday's trade, it exhibited further weaknesses.

the immediate key support to hold up is ~11410, failing so will render last week's rally technically dead.

i like 5 mins chart, as this time frame is a fibo number. yeah yeah...for those who are laughing at me...who cares...it works for me..

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