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Dow Jones Rallies 1,156 Points Technical Analysis
Date: 10/12/2011
Dow Jones Rallies 1,156 Points Technical Analysis
live stock index commentary
on the recent 7 day rally in the Dow Jones Industrial Average Index.
Learn where the weekly support & resistance levels are on the Dow Jones and how to trade the recent market rally. The rally was sparked by extremely oversold conditions on a weekly level. The bull came in and we're in day 7 of the rally.
There are still some areas of overhead resistance and we're hit a key of resistance today, and the Dow closed down over 100 points off the intraday high of 11,625.30.