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Posted by TGallo on August 26, 2006, 1:18 pm
Commentary: (August 26, 2006)
Dow Jones has stochastics in a bearish position, while MACD has just
shown a
bearish cross. Dow Jones is in danger of mowing lower all the way to
the
support level at 11,000.
http://www.zillionoptions.com/Technical_Analysis_DowJones.html
Commentary: (August 26, 2006)
Oil has stochastics in an oversold position, but MACD is still bearish.
Oil
should continue its bounce back from support line and move higher this
week,
but the upside is very limited.
http://www.zillionoptions.com/Technical_analysis_Oil.html
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