Dow put on 136 points to reach 10406 on Monday. It has reached the upper trend line. Will it break this resistance line? Volume was low at 5.3 billions. Net new high was impressive at +441, a 50% increase. Just wait and see.
Tuesday, November 17, 2009
Dow - Break out or turn south
Dow put on 136 points to reach 10406 on Monday. It has reached the upper trend line. Will it break this resistance line? Volume was low at 5.3 billions. Net new high was impressive at +441, a 50% increase. Just wait and see.
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