US Market Indices Review: Dow Jones Industrial, S&P500, NASDAQ

 
Dow Jones Industrial ($DJI)

  • Chart Pattern: Head and Shoulders (Bearish)
  • Resistances: 11,900 (50D MA); 12,000 (200D MA)
  • Supports: 11,482 (78.6% Fibonacci Retracement Level); 11,230 (20D MA)
  • Trend: Start of Down Trend.

 

S&P500 ($SPX)

  • Chart Pattern: Head and Shoulders (Bearish)
  • Resistances: 1,221 (78.6% Fibonacci Retracement Level); 1,254(50D MA); 1,275 (Neckline and 200D MA)
  • Supports: 1,172 (20D MA); 1,122; 1105 (61.8% Fibonacci Retracement Level)
  • Trend: Start of Down Trend.

NASDAQ Composite ($COMP)

  • Chart Pattern: Triple Tops (Bearish)
  • Resistances: 2,606 (Neckline); 2,655 (50D MA); 2,700 (200D MA)
  • Supports: 2,526 (78.6% Fibonacci Retracement Level); 2,470 (20D MA); 2,256 (61.8% Fibonacci Retracement Level)
  • Trend: Start of Down Trend

 

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