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
Well we did see a sizeable drop over the last 4 weeks, the chart...
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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 |
| DJIA (INDEXDJX) Chart |
Day chart unavailable