Posted by: Babu Suresh | March 13, 2009

Dow-Jones-Index-13-03-09

DJIA-Futures-4H-ChartDJIA-Futures-13-03-09

Folks, have a close look at all the charts. They are very interesting.

In my 10th Mar. analysis, which unexpectedly received tremendous response thru’ emails, https://sureba67.wordpress.com/2009/03/10/spot-gold-analysis-10-mar-09/, I had explained why DJIA should move up after being repeatedly beaten down, using the expression that was unheard of. 

DJIA-Fut-1H-ChartDJIA-Futures-1H-13-03-09

As usual, I will leave the interpretation of these charts to you, for you are the better judge.

In Brief, my resistances for Spot DJIA are 7254 and 7414 and my supports are 6982 and 6904

DJIA-Spot-4H-ChartDJIA-SPOT-13-03-09

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