hi stolwyk,this in from twigg's last nigtThe Dow Industrial...

  1. 6,368 Posts.
    hi stolwyk,

    this in from twigg's last nigt

    The Dow Industrial Average completed a false break below support at 9800 before rallying strongly. Last Friday closed down strongly but Monday [M] gave the first warning of a reversal with a weak close on lower volume. This was followed by a rally back to 10000. Momentum has since faded with smaller bars on average volume. Consolidation above this level would signal a test of the upper border of the consolidation pattern in the short to medium term.



    Gold

    New York: Spot gold is testing resistance at $430, closing at $428.20 on Friday.
    The primary trend is up. The short pull-back below the resistance level is a bullish sign



 
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