DOW 1.35% $4.90 downer edi limited

Hmm chart looks strong in my opinion..Last night the dow managed...

  1. 807 Posts.
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    Hmm chart looks strong in my opinion..
    Last night the dow managed to break out of a triangle build up - a nice bullish sign.
    Furthermore the MACD has given a bullish signal a few sessions ago....I think we will see a nice bit of upside from here.
    There is some resistance at 10735 from an intraday high on the 21/7/05, if it can close above this level (I think it can) then it should have a crack at 11000.

    Just my T/A opinion, Fundamentals basically ignored.

    Cheers

    Commy

 
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