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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: GROUND ZERO™ who wrote (4618)12/21/2004 9:07:49 AM
From: Chip McVickar  Read Replies (1) of 12411
 
Still long from 1188.00
12/9/2004 3:18:11 PM
May add on....?

Those are two unusual bars on the DJIA
Full Outside Reversal and a close down hard...
Followed by an Inside Day Reversal close down hard...
stockcharts.com[p]

The Wilshire and SPX don't share those same bars...
But do have Outside Reversals and a close down hard...
Says to me the INDU's action is related only to that Index.

Looking for flat range bound markets and some new highs shortly
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