07/01/2013

DOW moving sideways for the fourth day but might break on downside

DOW day 15:46

For the fourth day DOW is trading sideways at the top waiting to break out on up or downside.The daily 8 and 21 MA are up but far down below the trading area and does not give support yet.

DOW 2 hr 15:54 shows that the last bar is trying to take a new low with the 8 and 21 MA down.

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