December 13, 2010

Dow Jones above resistance levels

CHART-II
  • Dow Jones has crossed 11390 and gave a breakout above 11430 area too.
  • Sustaining above 11430 - 11450 can give 11500 in the short term.
  • Dipping below 11430 and 11400 will be negative.
CHART-I
  • Dow Jones Hour chart with support zone between 11330 - 11344.
  • Resistance is near 11390 level.
  • Price sustaining above 1390 can take dow jones to 11430 levels.
  • Getting resisted at 11390 levels can be negative for the bulls.

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