DOW JONES Daily Forecast Nov 20 2014

Outlook in DOW JONES index remains on the upside as long as support 17481 holds on a 4 hour closing basis , resistance comes at the 17700  levels ahead of the 17755 levels, a halt is likely , but a break would open 17830 next , further upside will aim the 17915 levels..

On the downside , support comes at the 17481 levels , losing this level will turn outlook neutral for retesting the 17350/17200 levels before the next rise…

In all, as long as support 17481 holds on a 4 hour closing basis , outlook in DOW JONES  index remains on the upside towards the 17700/17755 levels ahead of the 17830 levels, below the 17481 will bring a corrective pullback towards the 17350/17200  levels before the next rise.

 

DOW JONES Daily Forecast Nov 20 2014

 

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