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Thursday, April 7, 2016

Update on Dow Jones Industrial Average









DOW 30 looks stable on charts.

RSI suggest that Index may see some correction in near term after a bull rally. 

MACD Suggest that negative  crossover may turn the trend in favor of Bears for short term.

Near term Resistance at 17824-17960 and support intact at 17500.

Heavy panic can be seen below 17500.
Next support is at 17250.











More will update soon!!