DJIA Index chart analysis

Major resistance for the DJIA Index is 12,800
Major resistance for the Dow Jones Industrial Average (DJIA) is 12,800. The bullish shaven head candlestick indicates that the index has a chance to break resistance but there has to be an increase in the weekly volume to sustain the near-term uptrend.

DJIA Three Year Weekly Chart

Major resistance for the Dow Jones Industrial Average (DJIA) is 12,800. The bullish shaven head candlestick indicates that the index has a chance to break resistance but there has to be an increase in the weekly volume to sustain the near-term uptrend.

Reference two previous charts for the DJIA:

  1. Doji candlestick represents indecision today for the DJIA — Posted Dec 27, 2011
  2. Near-term resistance is 12,300 on the weekly chart of the DJIA — Posted Dec 23, 2011

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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.

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