DOW Lower Parallel Line Support Update - October 30, 2014

Looks like DOW found resistance at Upper Parallel line of the Andrew's Pitchfork. The Upper Parallel Line is a strong resistance and if gets broken, we can see a new high for the DOW on the bearish side next support is seen at (16779) 61.8% Fibonacci Retracement Level then at Median Line of Andrew's Pitchfork. Check here for previous analysis http://pse-news.blogspot.com/2014/10/dow-lower-parallel-line-support-update.html