Dow Futures Resistance at 11,300 and 11,575

  • Posted on: August 12, 2011

In the Dow futures, the recent high was on July 22nd at 12,750.

The low of the move was 11,401 on Tuesday Night. Today’s high 11,296 is a 38% retracement. The next level I’d sell into would be 11,574 which is 1/2 way back.

2,349 point break. 1/2 way back is 11,574.

That is all.

CER