Tuesday, September 9, 2008

DOW - Formation of The Morning Star

This could be a potential key reversal point for DOW to rally.

Nothing is for certain, it's all about probability. So far, in candle charting, the morning star formation is one of the strongest bullish indicators... the combination of the candles are shown within the chart below.

Might be an idea to lighten up on bearish positions in anticipation of a further rally.


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