Monday, June 1, 2009

Dow Jones Financial Index Technical Analysis

"Please click on the chart to zoom in"
Dow Jones Financial Index is getting close to reenter to the up trend channel. It should experience difficulty and pulls back ,but if it does inter the channel it would be very positive.
Note that Dow Jones Financial Index could not reach the 200 EMA & SMA yet. They could act as resistance ,but if it break above 200 EMA & SMA it could continue to move higher.