Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Thursday, December 22, 2011

Quiet Xmas markets

With Xmas only 4 days away things are quiet but mildly bullish...

here's a 4 hr chart of the DOW with a bullish inverse head and shoulder Neckline at 12230.. and if we bust through that and a possible retest, target could be +1000 points higher...

Maybe not before Xmas but could be for Q1 2012

DAX and FTSE have also broken out of recent down trend which could have been FALLING WEDGES..

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