20/10/2011

DOW closed at 11.534 Thursday.

The DOW has now tried 7 days to reach the 11.700 area which is the top area since Sept 9. The current uptrend, that started with the intervention at 10.399.1  and so far has topped 11.724.9, looks to me now
as it has lost momentum and that the trend within a few days will be down. Only more intervention against the trend will change the chart. The daily trend is still up which adds to my hopes for a new exiting technical trading session in NY tomorrow Friday.

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