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December Dow Jones – Dow Jones futures are trading higher , but are currently falling short of breaking the 9797 high posted on September 17. U.S. stocks were supported on signs the world economy is improving and analyst upgrades of companies from Macy's Inc. to Hewlett-Packard Co. The Dow Jones futures chart has formed a bullish swing pattern and appears poised to make one more test of the 9,797 high on the September 22 nd reversal date. It will be a test of market strength to see if the Dow Jones futures can generate any follow through buying, if it can breech the prior high and trade at levels last seen almost a year ago. No position at this time. However, Wednesday price action could set up a new trading opportunity.
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