- Two weekly chart of Dow Jones Industrial Average.
- First chart shows Dow Jones closing above an important resistance line. And this is also a 20 week high for Dow Jones.
- Second chart shows the Fibonacci levels in weekly chart. Index has closed above its 61.8% Fib level which has given resistance for sometime. Next resistance will be at 10940 levels were the 78.6% Fib level is located, That can be kept as a first target for this positive weekly closing.
- SPY WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 26, 2010
DOW JONES Weekend update
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