Dow Jones Industrial Average, street TRACKS Gold Trust Shares, Adobe Systems Inc and CGI Group Inc: Technical comments on equities in the news
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Dow Jones Industrial Average ($INDU – $10,170.11)
News event: Breaks to a new 2009 high.
Technical comment: The Dow’s intermediate uptrend was confirmed this morning on a break above resistance at 10,119.47. Short term momentum indicators continue to recover. MACD recorded a positive cross over this morning. Seasonal influences are positive until near the end of April. [...]
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