Twiggs thinks so:
Dow Breaks 8200
By Colin Twiggs
"The Dow broke through support at 8200 to complete a head and shoulders reversal. Confirming earlier warnings, from breakout below the rising trend channel and from bearish divergence on Twiggs Money Flow (both 21-Day and 13-Week), the pattern signals a down-swing to test primary support at 6500. "
Check it out at : http://www.incrediblecharts.com/tradingdiary/2009-07-08_markets.php
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Last
26,683 |
Change
82.730(0.31%) |
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