November 14, 2012

DOW Jones Support and Resistance levels

  • Dow Jones sustaining below 50 Week SMA will continue to favor bears of Dow Jones.
  • If the fall continues price may target the 100 Week SMA or the 38.2% Fib level in weekly chart as its next target

1 comment:

  1. Hi San,

    1) Yesterday's trade of BIDU worked wonders. Next supports around 93 and 90 Fibo support.
    2) Amazon still stuck in range.
    3) Netflix at a significant trendline 80.3