Dow Diamonds in Early Stage of New Upleg

Jun 10

by Mike Paulenoff, Tue June 10th, 2008

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Dow Diamonds in Early Stage of New Upleg
By Mike Paulenoff, www.MPTrader.com

My near and intermediate term work is warning me that the DIA (Dow Diamond, ETF) is established a significant low Friday and today just below 22.00, which if accurate, means that the price structure must be in early stages of a new upleg or a potent recovery rally period that points to 125.50 and then 127.00...

Mike Paulenoff is author of www.MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. Sign up for a Free 15-day Trial!

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