The next few bars should resolve the situation, either higher with a reversal LONG, or lower with a continuation of the current SHORT.
A
Wednesday, July 21, 2010
DJIA_240 Trend Model
Here is a follow-up of the DJIA_240 Trend Model posted earlier. Note that prices have rebounded right to the trend line and as such are at resistance.
The next few bars should resolve the situation, either higher with a reversal LONG, or lower with a continuation of the current SHORT.
A
The next few bars should resolve the situation, either higher with a reversal LONG, or lower with a continuation of the current SHORT.
A
