DJIA 0.31% 26,683 dow jones industrials

djia : critical support at 12289

  1. 1,248 Posts.
    DJIA : Critical Support at 12289

    Monthly Cycle Pivot Center : 12516 - 12697 - 12699
     Normal Lower Limits : 11790 - 11857 - 11883
    Normal Upper Limits : 13243 - 13515 - 13536

    Weekly Cycle Pivot Center : 12289 - 12460 - 12500
     Normal Lower Limits : 11277 - 11786 - 11823
    Normal Upper Limits : 13134 - 13177 - 13300


    Remarks : As shown in the monthly cycle charts the market is under pressure when it is below the monthly cycle projected chart point at 12637. Speculative selling pressure will increase when the market is trading below the weekly cycle pivot center at 12289 - 12460 - 12500. Projected supporting points are located at 11911 and 12153.


    DJIA : Monthly Cycle Charts
    http://www.qindex.com/djia.html
    Albert Cheung (Ph. D.)


 
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