bears beware - despite all ords triple top

  1. 128 Posts.
    Hi All,

    I've just finished putting up the latest weekly charts on the Dow and All Ords. The All Ords triple top has been confirmed. However, the Dow has not shown significant technical signs of being a strong bear, hence my caution.

    Note, I've also included some Gann angles, and the Dow seem to be only approaching it but the All Ords has broken its important Gann 45deg angle, but only just.

    The full article with charts is at:
    http://ozstock.blogspot.com/2010/05/all-ord-triple-top-confirmed-but-dow.html
 
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