The DOW managed to break that important downsloping resistance line. In fact you might even argue that it broke up out of a falling wedge (bullish). But it didn't have far to go to hit more overhead resistance. I put a blue dot over every day since early October where the Dow found resistance or support....and either pulled up dead or did an intra day only test of the other side of 9000.
We saw a little double top at 9000 and then a significant pull back on the 1 minute chart today.
We'll now have to wait and see....but it does FEEL strong LOL.
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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 |