Saturday, December 31, 2011

Triangles into 2012

Spx symmetrical triagnle broken, now retest TL, the worst scenario next is going back into the triangle. Watch support at 1230 area.
Dow is in a bullish ascending triangle, strong support at 12040, which is Fib50% Ret and triangle TL.
Nasdaq seems the weakest, still within the triangle.






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