Monday, September 24, 2012

Dow Jones ~ Pre-Market Warm-Up ~ 24 September 2012

The Dow broke out of the bull flag on Friday but only managed to rally to the bull market high. By the end of the day we were back inside the flag:

The last few days have been quite difficult to analyze but it looks now like we're in another sideways range as we've seen it multiple times during this bull market. Often these ranges were broken after a gap up/down or during a very strong up/down day.