Technical Analysis of STOCKS & COMMODITIES
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Weakness In Steel Index Suggests Shorting Opportunities
ARTICLE SYNOPSIS...After a prolonged uptrend the Dow Jones Steel Index formed a double top pattern. A trend reversal seems to be the most likely outcome, but how do you take advantage of this situation? By looking through the Index Components and choosing the one displayin
ARTICLE SYNOPSIS...The US Dollar Index has moved into a deep downtrend. The bearish pressure is likely to drag the index toward the lowest support on the technical charts.