Dow Jones Chart Analysis 30 November 2012

 Dow Jones still in the downtrend zone and rebounded on the 12531 support to formed a lower low and it looks like it is about to complete its rebound cycle and formed lower high after forming a doji star after a white candle.

Indicators

1) Trendline - below the downtrend line .. ( Bearish )
2)  Support/Resistance - Formed lower low  ( Bearish ) 

3) MACD - Positive  ( Bullish )
4) RSI -  Stagnant at 61%.... Temporary waiting for a bigger reaction of the price to know whether bullish or bearish.

5) STO - Bullish crossover and broke over 80% (Bullish ) .
6) Ichimoku -  a) Price coming entering from the support cloud (Bearish).

                       b) Conversion line  below the base line (Bearish).
                       c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Doji Star after a white candle  ( Bearish) .

Conclusion:

Bearish
With the fiscal cliff fear , weak europe and Slowdown in China is causing a weaker market sentiment to uphold the index..

Resistance-   13057 / 13134 / 13335 / 13583

Support -  12964 / 12794 / 12716 / 12531 / 12314 / 12237 / 11757 / 11649