Wednesday, January 11, 2012

11th Jan 2012–DJIA need a short rest !

Ticker:

 

  1. DJIA

 

Topic:

 

  1. Expect a short term retracement

 

Lesson Learnt:

 

  1. Weekly chart of DJIA has topped at the trend line.
  2. 20 years monthly chart also shows that it is almost reaching at the trend line. It might take another few days to reach there.
  3. Expect a short term retracement.

 

Intraday Chart

-NA-

 

Historical Chart

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