Dow Jones 8 Mar 13 (Daily)

DJI I 8 Mar 13 Daily

Dow Jones has been bullish since the start of the year without and significant retracement. Perhaps it is time for profit taking soon. I would think that there is a strong resistance at level 14,450 +/- 50 points. The index has surpass its channel. If it meets with resistance at level 14,450 +/- 50 points and resisted, it may come back into the channel and perform a good retracement. Let’s watch out for it !