DOW Ascending triangle

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DOW Ascending triangle

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Hpnotiq

Posted: Monday, November 16, 2009 5:09:49 PM

Rank: Member
Groups: Member

Joined: 11/10/2009
Posts: 25
Location: CA

It seems every week on the weekly charts, the ascending triangle is getting higher and higher. Volume also seems to be shrinking here and there from the time the triangle started. Do any of you think we'll be seeing a major correction anytime soon? We have been going up strong for weeks now....

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Posted: Monday, November 16, 2009 5:09:49 PM

lemon

Posted: Monday, November 16, 2009 5:35:17 PM

Rank: Advanced Member
Groups: Member

Joined: 8/31/2008
Posts: 124

uploading the chart for better read
daily chart and weekly chart:

lemon attached the following image(s):

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