20th Jan 2012 – Pattern Study – DJIA needs a rest.

Ticker:

 

1. DJIA

 

Topic:

 

1. Dow may need a rest

 

Lesson Learnt:

 

1. Daily chart of DJIA looks healthy and strong.
2. Monthly long term chart looks like it probably need a short rest. A normal retracement is expected.

 

Intraday Chart

-NA-

Historical Chart