March 9, 10 Stock Trading Market Analysis for Traders
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March 10th, 2010 at 11:38 pm
kind of newer to this, but if you draw a trend line on the DOW from the high on 2-5 to the high of 3-5. then another trend line from the low on 2-8 to 3-4 and extend it to 3-10 it makes a perfect rising wedge.(my youtube profile pic is a picture if what i’m trying to explain) aren’t they usually bearish? that along with the major area of resistance at the 10,730 line seems like the DOW will have a hard time passing the high of late Jan.