The daily chart: DJ
just confirmed a lower high at 16058, triggering further weakness towards the
50 day moving average. Below there would open the 15445/15284 retracement
levels ahead of the crucial 200 day ma.
The long-term perspective on the monthly chart:
DJ stalled at the November 16175 peak, right on the 14-year rising trendline resistance which connects the 2000 and 2008 peaks. This suggests consolidation may follow. The next key support is in 14551 area.
No comments:
Post a Comment