Dow Jones Industrial Average is again at the uptrend line. Go long if it stays above 11,100.
Monthly Archives: March 2006
Breakout
Dow Jones Industrial broke out this resistence at higher than average volume. It’s in a 5-year high right now. Expecting some further up moves in the comming days.
Reaching support area
Dow Jones Industrial is reaching the support area on this uptrend line. Wait to see if the Stochastic falls near 20 then go long. The stop can be set up at 10,600.