December 24, 2011

DOW Jones Resistance levels

  • For Dow Jones price is above 200 Day SMA and the slopping resistance line.
  • One resistance level to cross is the horizontal resistance line at 12284 levels.
  • Closing the day and week above this level will help bulls to extend profits.
  • If price closes the day below the horizontal line it may trigger a short trade for next week.


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