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DJI Just Below Important Resistance

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TVC:DJI   道瓊斯工業平均指數
The DJI on 1/25/19 was just below .618 retrace of the October to December decline.
Just above .618 is the 200 day SMA and just above that is a declining trend line.
The 200 day SMA is the most important because of its wide usage in the trading community. A move above the 200 day SMA could
trigger a flood of new long orders. A break above all three barriers increases the probabilities the DJI could make a new all-time high.

Mark

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