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November 2003
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[Previous entry: "S&P Outlook, ProfitPoint."] [Main Index] [Next entry: "30-minute support levels."]

11/26/2003 Archived Entry: "DOW in consolidation."

Click for DOW weekly chart.
Intraday traders will be interested in this weekly chart. The $INDU DOW Cash is up against some strong weekly and monthly resistance levels, marked on this chart in red. 9763 to 9795, and then 10011 are the levels to watch for intraday consolidation, retracements, whipsaw. This creates opportunities on both the long and short side for the nimble trader, but frustration for those who enjoy trends.

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