Friday, September 2, 2011

02nd Sept 2011–Dance with Dow Jones.

imagesTicker:

 

  1. DJIA

 

Topic:

 

  1. Is DJIA sick?!

 

Lesson Learnt:

 

  1. Intraday shows that it is still healthy.
  2. Daily chart shows that it has 2 big resistance lines to take care of. The 1st line actually taken but it retreat and stay there. 2nd resistance line also been touched. This is a bullish sign at least for now.
  3. Anyway, it is facing curving 20MA and 50MA lines coming down to it in just one or two weeks time.

 

Intraday Chart

-NA-

 

Historical Chart

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