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Tuesday, February 5, 2008

DOW JONES WEEKLY CHART

What chart pattern is seen from this chart? Is it a good or bad sign? Most of us have been talking about technical analysis and chart patterns every day but not many understand it.
Basically the chart above is a head and shoulder reversal pattern forms after an uptrend. This pattern is one of the most common reversal patterns Before we discuss further on the above chart, let's learn about HEAD & SHOULDERS REVERSAL PATTERN.

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