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Tuesday, August 25, 2009

A BIGG CUPPPPPPPPP

TECHNICAL ANALYSIS for DOW JONES INDUSTRIAL

BULLISH!!!

1.WATCHOUT when DOW break 9594, ITS BULL TIME, no time for COME BACK DOWN!!! NEXT target will be 10259.

2.CREATE A BIG CUP!!!!

3.MA ( Moving Average )30 and MA40 already crossed by candlestick from top to bottom.

4.Looks momentum line 200 day move above momentum MA200

5.RSI(Relative Strength Index) line moves ABOVE 70%.

Becarefull within two days, stock will decline for profit take!!

1.CCI20 days move below 100.

2.Bollinger band getting TIGHT!

MY SUGGESTION DO NOT BUY ANYTHING UNTIL INDEX GOING RED!!!


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