July 21, 2010

Dow Jones Hourly Chart

UPDATED CHART
  • DOW JONES CLOSED NEAR DAY HIGH. IT HAS CAPTURED THE 50 DAY MOVING AVERAGE  AND CLOSED AT THE 50 HOUR MOVING AVERAGE.
  • Dow Is trading below its 50 hour and 20 hour moving averages
  • Unless the bulls put up a good fight all bounces will be sold off.
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1 comment:

  1. SanJuly 21, 2010 at 8:06 AM

    @Mynac
    Dow Jones came back from lows to close near the high of the day. But the recent high's has to be captured by the bulls till then resistances may take it down.

    I had a problem with this post so your comment is not displayed here.

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