January 3, 2013

DOW JONES Analysis after closing bell

 
 
  • Dow Jones closed above the crucial resistance level of 13300.
  • Now any dips will be buying opportunity provided price stays above the Weekly Middle bollinger band. So staying above 20 Week SMA price should target the upper bollinger band or 13660 levels.
  • Price is testing the broken support line of the wedge which may try to act as resistance.
  • CRUDE OIL RESISTANCE LINES
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