Muzz
Have a look at the 10 year DJIA chart & check out the resistance (now support) around 11,400 Tested it 5 times in 2 years between early 1999 & 2001 then it took another 5 years to have a crack at it in early 2006 before finally breaking clear in late 2006.
Then tested it as support in Jan this year.
Looks to be a very significant area to keep an eye on.
Below that there appears to be another long term resistance/support level around 10,700
DOW need to pivot VERY soon (before 11500) or it's likely to go much lower (IMO)
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |