Dow Jones Industrial Index - shooting star(bearish candlestick on daily) 10600 is the barrier , failure and we will go back to 10300-10400

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Comment by Aadil (site owner) on January 2, 2010 at 12:04pm
we seem to be trading within a channel , this channel has to break along with the red trend line in order to turn bearish on the Dow as this move could be classed as on big Bull Flag.
Comment by Aadil (site owner) on January 2, 2010 at 11:55am


DJIA failed to hold 10500

The 20 MA will act as minor support but the next level of support is in the 10400 - 10300 level

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