Dow Jones Industrial: Hitting Record levels
Petros Steriotis | Dec 22, 2014 05:24AM ET
DJIA will close the year at all-time record levels and carry the positive momentum into 2015. The prompt rebound from last Tuesday’s cycle low was rather stunning to many and short covering accelerated the whole upmove. The daily trend will be up as long as DJIA holds above 17.550. Before this level, there is nice support at 17.650 for dip buyers. Upward December seasonalities are helping the index too.
Dow Jones Industrial, hourly candles:
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