User: Burak: DOW: Trading channels: All indices hitting major resistances

Trading channels: All indices hitting major resistances

Major resistance from 1999 and 2007 tops combined with a massive ellipse!

Image added from tradingchannels.co.uk/2013...istances.html

Trading channels: All indices hitting major resistances

Comments

FLguy

hey we are on the same page...but i don't know the significance of the ellipse 11/26/13

Mike1981

Expanding Triangle Pattern. Dow 6,000 is support of the pattern. Will be next target for this pattern. I have been following this pattern for a long time waiting for this resistance. Nice Chart 11/26/13

Hunk of Junk

oh I do like this.... I like it very much indeed 11/27/13

...

Actions

Tweet
Facebook

Stacks

Posted

By: Burak
On: 11/26/13 2:59PM

Statistics

Viewed by 32 SocialTraders
Average rating based on 3 responses: