November 20, 2012

DOW JONES Analysis after closing bell

 
 
  • Dow Jones daily chart shows good reversal move and a closing which is closer to the day's high. But price is yet to reach 200 Day SMA.
  • 20 Day SMA and 200 Day SMA is showing a bearish cross, This area will be tough to cross if price gets this far.
  • Price resistance between 12977 - 13038 is also near this resistance levels.

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