Well we did see a sizeable drop over the last 4 weeks, the chart did give us some warning.
I get the impression from the daily chart that we will possibly see a rally next week, but the weekly trend is still down at the moment. I see some support at 12845 (highs from feb 07) and 12455 (the august 07 low). If these fail, then perhaps we go down to the lower channel line at 12000 ish for support?
Weekly chart now looks like this.
Good luck to all.
Cheers
Commy
- Forums
- ASX - By Stock
- DJIA
- dow jones weekly chart
dow jones weekly chart, page-2
Featured News
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
Add DJIA (INDEXDJX) to my watchlist
(20min delay)
|
|||||
Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a |
Open | High | Low |
26,683 | 0.00 | 0.00 |