Sunday 15 April 2012

Dow Jones 15-04-12

Dow Jones index has finally broke the ascending trend line two weeks ago. Currently the index is trading below the 50-days MA and also formed a lower low indicate a trend change is likely to happen and will be confirm when a lower high is formed. The immediate support can be found at 12600 which is the 100-days MA and 12140 (200-days MA).



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