January 14, 2014

DOW Jones analysis after closing bell

  • First chart shows daily chart with immediate support levels around 16150 levels.
  • Second chart shows price closing below 20 Day SMA. If price stays below this line bears may get a trending down move.
  • Last chart the weekly time frame shows the previous channel resistance line as possible support level for a bigger fall.
  • ES Broadening pattern BREAKDOWN

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