Support: This is a price level where a downtrend can be expected to pause due to a concentration of demand. For the DJIA, support levels are often identified by looking at previous lows or using technical indicators like moving averages.
Resistance: This is a price level where an uptrend can be expected to pause due to a concentration of supply. Resistance levels for the DJIA can be identified by looking at previous highs or using technical indicator
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.