Tuesday, April 15, 2008

LONG TERM DOW CHART

**CLICK TO ENLARGE CHART

Areas I have drawn I think are support and resistance, if 2008 lows go good chance we go to 10,000, we now connect 2000 top with 2008 lows for that trend line.

If 10,000 goes I think we test 2002 lows...crazy right? 14,000 top is the HEAD....we have beuilt left now right shoulder http://www.chartpatterns.com/headandshoulders.htm

Recent action in trading range still, but weakish

D

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