- Dow jones daily chart is shown with the resistance area of 12000 - 12300.
- Bulls are about to clear this level. Price has made a fast rise from the recent fall. Earlier price took support at the base of Ichimoku cloud as shown in the chart.
- If price closes above 12300 the upward momentum will gather momentum.
- Failing to clear this level on closing basis will favor bears.
Posted by San at 10:07 PM
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