YM (DOW futures) daily chart. 50% June projection puts us at 14082 and 61.8% at 14142 which is weekly R1 as well (14143). Note that we are 100 points away from the 5 dma and in need of a pullback. But you knew that.We have not retested the breakout at 13826, so if we do drop and not hold 13925, watch for the weekly pivot at 13842.
This entry was posted
on Monday, July 16, 2007 at 7/16/2007 10:02:00 PM.
You can skip to the end and leave a response.
» Post a Comment