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Wednesday, April 13, 2016

Update on Dow Jones








DOW 30

Dow 30 looking positive and trading in range bound mode and between our mentioned levels.

Currently it has resistance at 178886 and currently at 17721 level which is looking to be  sustained for short term.
Support is building around 17614.Dow 30 may become weak below this support and may test 17490 and previous support cannot be sustained.

RSI  of 62 suggest that more buyers will enter in market and short term view is looking bullish.
MACD indicates a positive crossover in coming trading session and hence trend can remain positive for short term.












More will update soon!!