A look at the monthly chart of the Dow Jones Index shows optimism for the index. Chart Patterns There was also an inverted head and shoulders pattern spotted. Subsequently, push went up from the bottom in March 2009 to the high in April 2010. Chart pattern such
Read more →On the daily chart of Dow Jones, we can see that price have now fallen below the support zone (highlighted in orange) and thus, this became a resistance zone now. Yesterday, on 1st July 2010, Dow Jones went below 9,684 which is also a potential support level
Read more →On the Daily Chart of Dow, price is resisted at the 200-days moving average. On Thursday 3rd June 2010, Dow attempts to break the 200MA and tested the high of 10,315. However, the key thing to note is end of the day, it failed to close above
Read more →Updated view on Dow Jones Index and critical support levels
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