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Dow Jones Industrial Average Pushes Towards the 12,000 Level

By Thomas Long, Course Instructor
25 January 2011 13:29 GMT

The Dow Jones Industrial Average appears poised to test the 12,000 level. This daily chart of the US30, which is the CFD for the Dow Jones Index, shows just how strong the US stock market has been off of the early July lows. I would continue to look for buys as long as the market remains above the 11,515 low noted on the chart.

Dow_Jones_Industrial_Average_body_76921d1295961190-trend-day-us30-125.png, Dow Jones Industrial Average Pushes Towards the 12,000 Level

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25 January 2011 13:29 GMT