Does anyone see a double top just after last weeks results on the All Ords. It looks like a classic setup for major downwards correction. I've plotted this on a graph, shown on the link below.
Also the Dow has hit a major Gann Resistance angle - also suggesting a strong downturn.
http://ozstock.blogspot.com/2010/02/technical-analysis-all-ords-double-top.html
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all ords double top, dow faces gann resistance
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Glen Diemar, MD
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