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Support: This is a price level where a downtrend can be expected to pause due to a concentration of demand. For the DJIA, support levels are often identified by looking at previous lows or using technical indicators like moving averages.
Resistance: This is a price level where an uptrend can be expected to pause due to a concentration of supply. Resistance levels for the DJIA can be identified by looking at previous highs or using technical indicator
Support: This is a price level where a downtrend can be expected to pause due to a concentration of demand. For the DJIA, support levels are often identified by looking at previous lows or using technical indicators like moving averages.
Resistance: This is a price level where an uptrend can be expected to pause due to a concentration of supply. Resistance levels for the DJIA can be identified by looking at previous highs or using technical indicator
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