Today we will analyze the index Dow Jones Index (DJI) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Dow Jones Index (DJI)
1- Last bullish trend was from 9,686.48 $ (7/2/2010) to 10,698.75 $ (8/9/2010) a 1,012.27 $ move 2- The current bearish trend started from 10,698.75 $ at 8/9/2010 and is currently trading at 10,269.47 $.
3- DJI current support level is at 10,192.62 which is the 50.00 % fibonacci retracement of the last 1,012.27 $ move.
4- DJI current resistance level is at 10,312.06 which is the 38.20 % fibonacci retracement of the last 1,012.27 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Dow Jones Index (DJI) Short term stock chart patterns for internet stock trading :

None.
Dow Jones Index (DJI) Mid term stock chart patterns for internet stock trading :

None.
Dow Jones Index (DJI) Long term stock chart patterns for internet stock trading :

6- The Index was supported by a support line, identified by two points: 9,686.480 and 6,547.050, and is currently supporting at 10,082.444.

Stock Trading Conclusion:
Dow Jones Index (DJI) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 10,312.06, 10,370.78, 10,433.46, 10,459.85, 10,484.11, 10,534.76, 10,698.75,.
Stock Support levels : 10,192.62, 10,082.44, 10,073.17, 9,686.48, 9,411.14,.