15/08/2012

DOW's hourly close sideways trend continues.

Here is the DOW's  one hour line trend holding between the horizontal lines on the chart. This short trend changes quickly as you can see. The trend has been stopped 4 times by the top line. There is no clear sign how the trend will continue today. The daily trend  is still up but could easily be turned down on a drop to the lower line. A new wait and see day has started.

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