DOW JONES Daily Forecast Oct 30 2014

Outlook in DOW JONES index remains on the upside as long as support 16740  holds on a daily closing basis , resistance comes at the 17017  levels , a halt is likely , but a break would open 17340 next , further upside will aim the 17700 levels..

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

In all, as long as support 16740 holds on a daily closing basis , outlook in DOW JONES  index remains on the upside towards the 17017 levels ahead of the 17340  levels, below the 16740 will bring a corrective pullback towards the 16512  levels before the next rise.

 

DOW JONES Daily Forecast Oct 30 2014

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