DJIA 0.31% 26,683 dow jones industrials

dow looks terrible, page-53

  1. 2,717 Posts.
    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)
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.