August 19, 2010

Dow Jones analysis after closing bell

DOW JONES FUTURES
  • Dow Jones industrial average closed up 9.69 points or 0.09% up.
  • Index closed above the 50 day moving average again and below its 20 day moving average. 
  • The current trading range is between the fib ratio of 23.6% and 38.2% of the indexes rise from 9614 to 10719.
  •  Dow Jones futures shows 2 similar trading day's. today's breakout was resisted near yesterday's high and again like yesterday the index lost all its gains.
  • AT&T TRIANGLE PATTERN UPDATED

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