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DJIA – Various Charts

03 Aug

Potential Bullish Bat


DOW JONES INDUSTRIAL AVERAGE (DJIA) – READ IT AND WEEP! Lets see if it will push through. The DJIA is also a completed bearish shark (late 2008 – present).

In the mid chart, the PRZ of the bullish butterfly coincides with the PRZ of a bullish 5-0 pattern.

Potential Bullish 5-0

Other technical note: The chart above is a potential Head and Shoulder pattern. RSI is entering oversold levels too. Eight to ten Japanese Candlestick pattern anyone?

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2 Comments

Posted by on August 3, 2011 in Bullish Butterfly, DJIA

 

2 responses to “DJIA – Various Charts

  1. rico

    August 3, 2011 at 11:40 pm

    at this point their is no such thing as de couple…

     
  2. pseharmonics

    August 5, 2011 at 7:17 pm

    A couple hundred more in decline ang we will see the PRZ tested.

     

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