The ES ended the last trading session of the week near its highs. Trading was restricted to a range of 5.25pts throughout last night's session. Using Dan Zanger's ChartPattern, it does look like an ascending triangle is forming, with matched highs, and higher lows. And according to Dan Zanger's ChartPattern, this is BULLISH. Will we see a breakout to the upside next week? Definitely a possibility. Let's just see what the market gives us next week. Until then, do have a great weekend ahead!
For those of you who are keen to find out more about chart patterns, Dan Zanger's ChartPattern is offering you a FREE 3 week trial (no credit card needed). Do try out his service. He is one of the best in town. Click here for the FREE 3 week trial.
Do pop by my footballpoll blog for my take on this weekend's English Premiership Games.
Saturday, February 03, 2007
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