Contrarian market commentary and economic postings.
Thursday, June 03, 2010
DOW ACTION UPDATED
Price halted at 200 EMA (exponential moving average....more importance put on recent action) Prices could rise to the 50 EMA....will we form the right shoulder of a would be head and shoulders formation? neckline is in place....stay tuned
Prices could rise to the 50 EMA....will we form the right shoulder of a would be head and shoulders formation? neckline is in place....stay tuned
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