Price Chart after the post "For Learning"
For Learning: Moving Averages crossed +ve and then price crossed above yesterday's low ie 11964 and Dow jumped nearly 50 points with in 10 minutes!
Dowjones is struggling under yesterday's low for almost all the day today, which is -ve for today as of now. If it has to reverse its losses and turn higher for the day it must go above 11965 and stay above it. For today it has support placed at 11920, a break and close below this will not be good for coming days. Though price is falling today, it is forming higher highs higher lows trend, which is good and if price sustain above 11965 by late after noon (US time) it can recover well towards end of the session. And a break above 12050 is a good sign for coming days.
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