Monday, December 10, 2007

 
NYSE Chart of the Day
Courtesy of Nirvana Systems




OSG has gotten a big upside break through the top of a clear upper trend line at 74.00 and could be headed higher. Moreover, today's upside break corresponded with the break through the top of a large inverted head-and-shoulders pattern, which further adds to potential strength ahead. Look for the index to test the August highs at around 90.00.

Daily Trading Signals

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