DOW JONES INDUSTRIAL AVERAGE - $INDU
Monthly chart shows market holding the key LIS and prior s/r of 11,750 area. Index currently remains below the 8ema and the up trendline in place.
Weekly chart better shows the key support. Index has been stuck in a trading range since the low made in January 2008.
Daily chart shows consolidation/trading range. Friday's trading action retraced most of Thursday's losses. Look to next week's trading activity to see which way the market breaks out of its trading range.
Friday, March 21, 2008
$INDU Update for 03.22.2008
Posted by TraderZ at 3/21/2008 01:18:00 PM
Labels: $INDU
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