Friday, December 23, 2011

DOW JONES / INDU

Two possibilities

1 This is a inverted Head n Shoulders pattern which can head to 12900 / 13000

2. Or a Triangle in the making.

A decisive break above the 12200+ range would confirm a inverted head and shoulders and it may head to 13 K.

However the markets got to get back down to 10500 once it gets there.

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