Singapore Stock Technical Chart Analysis: DJ INDU AVERAGE (Broke down Bear Flag. Negative)

Thursday, January 15, 2009

DJ INDU AVERAGE (Broke down Bear Flag. Negative)

DJIA - The breakdown from the Bear Flag formation signal the start of another downleg for Dow Jones. Medium Term technical points towards retest of previous low at 7,197 (11 Oct 2008's Low). Long Term technical points towards 5,000 level.

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Singapore Stock Technical Chart Analysis

Thursday, January 15, 2009

DJ INDU AVERAGE (Broke down Bear Flag. Negative)

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