Monday, December 8, 2008

Inverse Head & Shoulders Breakout?

2:35 pm ET The rally continues...with a little more than an hour to go on Monday, the DJIA is up over 300 points the SPX is +35 and the Nasdaq is +65.
Is this an Inverse Head & Shoulders Breakout on the DJIA?
(click image to enlarge)
DECK continues its 30 DMA and Higher Lower Breakout on Monday. (click image to enlarge)
If this breakout on MTW holds through the close it will be on our Moving Above 30 DMA List this evening.
Are you watching the Chart Signals list for 30 DMA breakouts each day?
If not you may be missing out on opportunities that could be yours!
(click image to enlarge) ProphetCharts
We'll be back after the close!

3 comments:

Anonymous said...

Dave, Adding the charts and your invaluable commentary is really invaluable. I appreciate your efforts and insights. Thanks.

Dave Johnson said...

Barbara,

You're welcome! I hope others are finding them useful also.

Dave

Anonymous said...

Dave:
I'm finding the charts very useful and the information too!
Thanks again for all you do.
Robert
CANI_212