14 Jan 2010
First time the index closed above the dark green major down trend resistance line since the Oct 2007 all time high peak.
15 Jan 2010
Unable to hold above dark green line which has just reverted back to resistance from support. Bottom tail of candlestick pierces blue support but manages to close above this support line.
If selling pressure continues on 19 Jan 2010 a drop towards red triple support zone is inevitable. Dow Jones Index needs to mount a strong surge back above the dark green major reisstance line to confirm and continue the 2009 bull run into the 2010 Year of the Roaring Tiger.
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