Ireland Stock Index Fails at Resistance

Irish stocks surged to resistance last week, but got cold feet on Monday and reversed course after today's bailout news. The chart below shows the Dow Jones Ireland Index ($IEDOW), which is updated throughout the day. The index broke above its Sep-Oct highs on Friday, but reneged on this breakout with a move lower on Monday.

101122iedow



Click this image for a live chart

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