Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 18, 2010
Dow Jones Analysis after closing bell
DAILY CHART
HOUR CHART
Dow Jones Industrial average closed
103.84
or
1.01%
up.
Index closed above its 50 DMA. But got resisted by the 20 DMA.
The hour chart also shows how 50 hour SMA acts as resistance.
DOW JONES HOURLY CHART ANALYSIS
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