Dow Jones Futures Forecast February 28, 2013, Technical Analysis

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The Dow Jones futures market rose during the session on Wednesday as the buyers stepped back into the marketplace to overcome the losses from Monday. This of course is a very bullish sign, and as a result we have cleared the 14,000 level on the daily close now. Because of this, we think that this market will continue higher, and is fairly well supported between here and 13,800. With that being said, we believe a break of the highest from the Wednesday session is a strong buy signal for this market.

 

Dow Jones Futures Forecast February 28, 2013, Technical Analysis

Dow Jones Futures Forecast February 28, 2013, Technical Analysis

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About: FX Empire Analyst - Christopher Lewis

Christopher is a part of the FXEmpire.com analysis team. He writes Forex and Commodities technical analyses on daily and weekly basis. Christopher writes his analyses in a professional and yet simple to understand manner. His analyses are available in both text and videos.

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