DJIA Index weekly candlestick chart

Near-term resistance is 12,300 on the weekly chart of the DJIA
DJIA  (Dow Jones Industrial Average)  weekly candlestick chart showing a bullish engulfing candlestick pattern with resistance at 12,300.  The RSI is confirming the near-term uptrend.

Dow Jones Industrial Average

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The main purpose of is a starting point for your own chart analysis. Technical analysis serves as a guidepost in your daily investment analysis and is used in conjunction with fundamental analysis. There is no magic formula for making profits when you trade online in the stock market. We are all students of the market, and one should never give up reviewing and learning the basics. Visit the Advanced Chart Settings and customize BigCharts so you can review different time periods.


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 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.

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