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Swing Trading Report
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| By: Joseph Kellogg (11/10/2009)
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December Dow Jones - Dow Jones futures rallied as the dollar slid to a new low after the Group of 20 nations agreed to maintain economic stimulus efforts. The Dow Jones futures rallied to a new high and crossed over the ascending median line. This is a momentum indicator, suggesting the upward trend is still intact with a short-term target objective at 10275 and longer-term target objective of 10525. The next reversal swing date is due on November 19.
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