Thursday, September 16, 2010

Ascending Triangle on the DOW

There is an Ascending Triangle pointing to 1137 which also coincide with the upper Megaphone trendline and a inverse H&S pattern. So I am day trading short positions now and maintaining my FXI hedge.


  1. India's economy may grow at a slightly slower pace of 7.4 per cent this fiscal amid weaker global demand and risk aversion, says an HSBC report, flagging "methodological concerns" in computation of official GDP data.