Dow'60min
It sure looks like a baby bull flag to me. The hourly 10MA @12425 will be prime support here, and the bulls should really look for a close above it.
More later!
Monday, 21 May 2012
2pm update - baby bull flag?
Market still holding up well - arguably the best 4 trading hours since May 1'st - when the dow was peaking, around 850pts higher!
Dow'60min
It sure looks like a baby bull flag to me. The hourly 10MA @12425 will be prime support here, and the bulls should really look for a close above it.
More later!
Dow'60min
It sure looks like a baby bull flag to me. The hourly 10MA @12425 will be prime support here, and the bulls should really look for a close above it.
More later!