If you look at the DJIA on the daily chart you can see that it
was getting too far away from the EMA (9) Therefore, at the opening
bell today you can see how the Dow came down and touched the (9) at
approximately 15.850.13 and then bounced off of that general
support area. Also note: the wicking action off of the EMA
(9) Ps. blizzard conditions in New York City at the
moment. HW1nyc
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Title: the power of the
Posted by hweinstein4 on 13th of Feb 2014 at 11:39 am
If you look at the DJIA on the daily chart you can see that it was getting too far away from the EMA (9) Therefore, at the opening bell today you can see how the Dow came down and touched the (9) at approximately 15.850.13 and then bounced off of that general support area. Also note: the wicking action off of the EMA (9) Ps. blizzard conditions in New York City at the moment. HW1nyc