DOW JONES Daily Forecast Nov 11 2014

Outlook in DOW JONES index remains on the upside as long as support 17350 holds on a daily closing basis , resistance comes at the 17350  levels ahead of the 17830 levels, a halt is likely , but a break would open 18000 next , further upside will aim the 18330 levels..

On the downside , support comes at the 17350 levels , losing this level will turn outlook neutral for retesting the 16740/16512  levels before the next rise…

In all, as long as support 17350 holds on a daily closing basis , outlook in DOW JONES  index remains on the upside towards the 17830/18000 levels ahead of the 18330 levels, below the 17350 will bring a corrective pullback towards the 16740/16512  levels before the next rise.

 

DOW JONES Daily Forecast Nov 11 2014

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