Wednesday, August 26th, 2009
The current seven day rally in the Dow Industrials ($INDU
) is significantly weaker than the seven day rally in mid- July. Those blue and red lines are the 300 day simple and exponential moving averages. Long upper shadows and small real bodies; the candlestick is burning. Short and sweet.
Post Date: Wednesday, August 26th, 2009 @ 9:45 pm
Categories: Charts, Technical Analysis, Uncertainty
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