Friday, February 27, 2009

Dow Jones Support Levels

The image shows the yearly chart of Dow Jones.

It is clear that it has a support at 6726.

See the big pink circle. The index bounced back after touching golden line. This happened in the year 1974 and 1975.

Will index touch golden line this time? yes probably!!. But We don't know whether it will bounce back this time or not!!.







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