Dow Poised For 2000 Point Run!

July 23rd, 2009 | Filed under: Financial Markets

Okay, so maybe not that much, but I was just looking through charts and saw this loose head and shoulder pattern on the Dow.

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We are a right around the break of its current neckline, which should make things all the more interesting.

If this LOOSE head and shoulder does indeed work, then look for a break with a target of around 11500. That would be something wouldn’t? We should be around 10,500 by year’s end.

I know I might be crazy, so check out what INO thinks of the Dow, and if you are confused on what a head and shoulder is then learn.