Wednesday, August 3, 2011

Dow-Trends

Dow Jones At very critical juncture closed below long term support yesterday, if it close below long term support on weekly closing then it's direction could be more downward.
 
 
 
DOW JONES LTP Price Change
11,866.62 -2.2%
SHORT TERM   S/R MEDIUM TERM S/R LONG TERM     S/R
12,454.65 12,298.65 11,986.99
SHORT TERM TREND DOWN MEDIUM TERM TREND DOWN LONG TERM TREND DOWN
 
**calculations should not be mistaken as Trading Tips
15:41:08 Wednesday, 3 August 2011