DOW THEORY ALSO GIVES STOCK WARNING

 

djia

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DOW THEORY ALSO GIVES STOCK WARNING; Suppose close below 12,950,… then panic 12,866-12,600. They were warning signs. Dow is trading in down trend since 4weeks…

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Actually, Dow Jones is trading at Good support… Suppose to take this support, then DJIA will be move up trend… .


I will update for Subscribers more details.

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Dow Jones Chart for 15 Jan. 2012 Weekend

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Dow Jones, Support is at 1200 around if it take resistance as mentioned on chart

Dow Jones made an attempt to close the week above the resistance line but got resisted and closed inside the weekly pattern.

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Suppose to close above 12,584 above…then you will see fire work for up side.

Selling pressure come between  12590 and 12500(This is negative diversion)

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Just watch closely Dow Jones Chart

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Dow Jones, Bears Live…?

Dow Jones

Dow Jones 10860


Disclosure: Last Friday, Written DJI to not close below 10575, So unexpected buying and also discussed Bulls & bears of World Market

3-Consecutive Days, Dow should not close below 10768 Still up Targets 10998-11040 (Its also Strong) And Strongest Hurdles 11025-12000

Suppose, it’s happened (If closed 10768 below) then Bears comes to test 10520-10367 and 10200
As per our Research, 29-30 Sep. 2010; Bears attack will start on Asian Markets

Always Remember, My Views may be Bearish or Bullish But we follows the written levels. Time will gives Money, Therefore You must keep your both eye careful on levels