Chart of the Day - Dow testing resistance

Chart of the Day

Despite a host of concerns (weak economy, high unemployment, mounting foreclosures, geopolitical issues, etc.), the Dow made another post-crash high today. While the recent string of new rally highs is significant (especially coming on the heels of a major stock market plunge), it should be noted that the Dow is currently testing resistance (see red line).

Notes:
- Where's the market headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.

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Quote of the Day
"Efforts and courage are not enough without purpose and direction." - John F. Kennedy

Events of the Day
October 24, 2009 - United Nations Day

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