Thursday, October 22, 2009

20091022 1812 DJIA EOD Daily Chart Study.



What a day for traders in the Dow Jones market that reached the high at 10119 and slam dunk towards near the closing session to closed near the low at 9949.36 down 92.12 points. All the indicators on the images above also suggested that profit taking activities will continue to take place in the coming days with immediate daily chart support level rest on or near the mid Bollinger Band.

No comments: