Based on the weekly outlook issued last week, my price target was 13335 and till yesterday Dow jones closed at 13326.
Click here for last week article.
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| Dow jones closing price target for the week was 13335. |
Dow jones is at critical level. 13295 is the most important level. Breaking below 13295 will open the channel to test 12981. At the same time Dow closing above 13392 will confirm bullish sign. Today dow once again managed to move above 200 ma as shown in the chart.
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| Dow jones moving above 200 ma again |
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13295 is critical level in Dow jones
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Intel bearish call was issued on Sept 14th. Intel now is at 21.66
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| Bearish call on Intc was issued on Sept 14th now its at 21.66 |
