The trendline is now the resistance point
Reference the last chart analysis for the Dow Jones Industrial Average posted on April 6, 2012 showing the projected retracement zone.
Relevant articles picked from the Web:
- Week ahead: Stocks to track earnings with eye on Europe — Financial Post — April 15, 2012
- China growth slowest since global crisis — MarketWatch — April 13, 2012
- An aging bull — MarketWatch — April 13, 2012
Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.
© 2012 TradeOnline.ca