DJIA : On next Monday the daily directional indicator of DJIA is 10242 - 10379* - (10442). This would suggest that the market is negative when it trades below 10242. Initially the market is going to consolidate between 10158 - 10327. Sell on rallies is still the preferred trading strategy. As shown in my trading reference projected supporting points are expected at 10055 and 10132. Projected resistant points are positioning at 10364 and 10441.
Melbourne Qindex 07:18 GMT October 6, 2005
DJIA : Trading Reference
... 10055* ... 10132* ... // 10210* - 10248 - 10287* - 10325 - [10364]* - 10403 - 10441* - 10480 - 10519* // ... 10596* ... 10673* ...
DJIA is in a bad shape if the market trades below 10047.
DJIA : Daily Trading Reference
- Forums
- ASX - General
- djia : projected resistance at 10442
djia : projected resistance at 10442
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online