ASX 0.87% $60.00 asx limited

wall street technical support levels, page-2

  1. 733 Posts.
    Click here to see our chart:
    http://www.tradingcentral.com/chart/INDU080121.GIF
    Our new pivot point is 12500.
    Our preference: As long as 12500 is not broken up, we favour a down move with
    11700 and then 11255 as next targets.
    Alternative scenario: A break above 12500 would open the way to 12750 and then
    to 13150.
    Comment: The daily technical indicators are bearish and do not show any
    reversal signs.
    Trend: ST decline; MT bearish.
    Supports and resistances:
    13150 **
    12750 ***
    12500 **
    12099 last
    11700 **
    11255 **
    11040 **
 
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