Dow Jones Weekly Stock Market Trends (Nov 13, 2008)

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By kpyang

Critical Support of US Stock Market Indices

It prompted me to look at the Dow Jones Weekly Stock Market Trends today because I spotted that the Dow Jones index is now trading on the key support, breaking such support will see the stock market contine to dive to possibly 2002 low. If it holds, then, we may see a technical rebound again continue with a side way market.

DJIA's key support is near the 8,143 level and S&P500's key support is 845.

Down trend or sideway, it is now the critical moment to decide now!


Stock Market Charts of Dow Jones & S&P500


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