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DJ Northern bound?

Posted by Geofract on July 21, 2010 at 9:24am

If this really is a bulliish falling wedge, then right now I think the setup looks great to go north. Perfect 50% fib bounce, creating a daily bullish engulfing candle. We shall see. Sanity checks welcome!

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Geofract August 6, 2010 at 10:54am

Was I right, or was I right! ;) See it now... http://wallstreet1928.ning.com/profiles/blogs/djia-bearish-rising-w... - damn this TA thing does seem to work :)

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