Wednesday Update. Head and Shoulder Patterns. Bearish

Update 1717: DJI- Meets resistance level BDD 8575. LONG DUG (ProShares UltraShort Oil & Gas ETF) at 34,16 " (Dividend reported 22.12.2008 )

Update 1256: DJI Futures- Potential Head and Shoulder Pattern. Downside Potential (-8,6%) DDHigh 8295 (neckline) appears as the short term resistance level. Awaiting HS pattern to develop, and confirmed within 24 hours. Short term target DDLow=7575:
Update 1212: LONG Xcact BEAR at 168.

Trading Strategy: BDD 205,85 appears as the short term resistance level ( neckline ). Awaiting HS Pattern to develop, and confirmed within 24 hours. Short term target BDDLow=187,5. (-9%)

OSEBX- Potential Head and Shoulder Pattern. Downside Potential (-9,10%):
Head=225 Neckline=BDD=205,85 Target: BDDLow=187,5
Active Trades: LONG TMT Tech Basket U.S (-19,28%) LONG LCAPA (+8,58%) SHORT SDRL (+0,00%) SHORT REC ( -4,78% ) LONG Xcact BEAR (-3,45%) LONG DUG (-1,87%)(click)

Active Trades P/L: (-20,80%)

Executed Trades P/L: (+243,42 %) (click)

Total P/L: (+222,62%)

Terminology: My Dynamic Theory