head and shoulder in DOW?

[hajimow]

Do you also see the head and shoulder in DOW? Does it mean that it will rally from here and now it is a good entry point?

http://www.marketwatch.com/tools/qu...avor=basic&origurl=/tools/quotes/intchart.asp

 

[stonedinvestor]

Yes and yes my friend. INVERSE head and shoulders on ALL exchanges.... I think we may have preferred a rising right shoulder but I haven't brushed up on my patterns lately. Of course you could see a neat double bottom too another reason to buy. Good luck.~ stoney