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Dow Resting Comfortably
By Mike Paulenoff | Published  06/26/2006 | Stocks | Unrated
Dow Resting Comfortably

 

The Dow Jones Industrial Average is going no where right now, but as long as last Fridayââ,¬â"¢s low at 109.66 contains any forthcoming weakness, my work continues to tell me to remain long.  I'm looking for another pop above the most recent recovery high at 111.25.

 

Mike Paulenoff is a 26-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his technical chart analysis and trading alerts on all major markets. For more of Mike Paulenoff, sign up for a free 15-Day trial to his MPTrader Diary by clicking here.