Thursday, January 03, 2008

The E-Mini Dow (YM) is Back on the Bear TREND, on my SWING Chart

My E-mini Dow (YM) SWING Chart above...
With renewed fears of a looming recession in the US, last night's trading session simply saw PRICE pushed past the last PRIME Support at 13181. This has invalidated the 2 Legs of the Bear Break created, and the E-mini Dow is now effectively back on the Bear TREND, on my SWING Chart.

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