How about a little Technical Analysis on the DOW
Jan 5, 2009 Technical Analysis
2009 kicking off with a stearn footing for the bulls as jan 1st posted around a 250 point gain for the DOW and closed above 9k for the first time in several months. Now we just gotta hold these prices above 9k to keep the bullriders smile on their faces. Currently price is sitting right around the last peak resistance where we failed to break out above the 9k level. So as we just witnessed a 3 day bull run i think its fairly probable we could see some people taking profits Monday. Futures are indicating this is possible as well as they are down 40 points currently in early trading.

Tags: DOW, Technical Analysis














