Jun
29

Watching Paint Dry

Charts and Coffee on June 29th, 2009 at 5:21 pm Central Time

I mentioned in the middle of the day today that resistance holding on DIA at $85.35 was a key level. This level held and we spent most of the day range bound between $85 and $85.35 after about 10:30 EST. If this level holds, the argument for a H&S topping pattern stays in tact. [...]

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