dow charts, page-14

Dow 10120.46 -115.70 -1.13%
NASDAQ 2179.00 -42.41 -1.91%
S&P500 1084.53 -12.97 -1.18%

Another volatile night on Wall St with the DOW going as low as 10,055 at one point, interesting the low on the previous session was 10,060 which is a bearish (weak) signal that it will go lower in the short term. I still think the target is around the 9700 mark. it seems that the long term descending trendline from Oct07 highs (which was broken to the upside last Nov is now lending support. In my opinion this support is weak and wont take much (some bad fundamental news/excuse) to breach it to the downside.

(Last nights candle not on chart)


DJIA DAILY chart with daily stochastic




DJIA WEEKLY chart with weekly stochastic