DOW 30 looks traded on expected line as it took correction at upper Bollinger band limit as analyzed and hence settled at 17982 shedding 113 points to index with 0.63 change in DOW 30 among global and economic scenario.
It opened lower at 18089 and from there traded lower by making low of 17963 before closing at 17982.
DOW 30 has Resistance at 18165 which is unlikely to be touched if current trend continues.
Support at 17892.If this is breached negatively one see next support at 17800.
MACD of negative 44.56 indicate more short selling in short term as DOW 30 has been bullish for quite some time.
More will update soon!!
